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Forecast for two 15bp rate cuts to come from the people's bank of china on monday
I posted earlier on the Loan Prime Rate setting coming up from the People's Bank of China on Monday:People's Bank of China is expected to cut loan rat...
August 18, 2023, 3:24 am
Forexlive asia-pacific fx news wrap: usd loses some ground
People's Bank of China is expected to cut loan rates next weekECB's Lane will be speaking Friday, 18 August 2023 on Inflation - live linkTD like NZD/C...
August 18, 2023, 2:59 am
Us yield dribbling lower helping the usd to do the same
The US dollar is falling away across the FX board with yields pulling back a little lower. EUR, GBP, AUD, NZD, CAD are all up against the big dollar. ...
August 18, 2023, 1:43 am
Pboc sets usd/ cny reference rate for today at 7.2006 (vs. estimate at 7.3065)
Another huge discrepancy between the modelled expectation and the Pboc decision. People's Bank of China...
August 18, 2023, 1:15 am
Pboc is expected to set the usd/cny reference rate at 7.3065 – reuters estimate
In Chinese media today a report says the People's Bank of China should use its countercyclical measure to support the yuan. Yesterday the People's Ban...
August 18, 2023, 12:27 am
Forexlive americas fx news wrap: yields rise further but us dollar gives some back
US initial jobless claims 239K vs 240K estimateAugust US Philly Fed manufacturing index +12.0 vs -10.0 expectedUS Leading index -0.4%% vs -0.4% estima...
August 17, 2023, 8:21 pm
Chinese yuan recovers as pboc pledges to prevent over-adjustment
Chinese Yuan made a notable recovery today after Pboc made its intentions clear, vowing to staunchly pr...
August 17, 2023, 12:21 pm
Forexlive european fx news wrap: dollar eases on yuan rebound, yields stay elevated
Headlines:10-year Treasury yields close in on the high from October last yearAussie bounces back alongside the offshore yuan, time to fade?China repor...
August 17, 2023, 12:01 pm
Pboc says prudent monetary policy will be precise and forceful
Will keep liquidity reasonably ampleWill keep yuan exchange rate basically stableWill fend off systemic financial risksWill keep prices basically stab...
August 17, 2023, 9:44 am
Forexlive asia-pacific fx news wrap: usd edges higher still
Morgan Stanley cuts China 2023 GDP growth forecast to 4.7% (from 5.0%)Further Chinese intervention to prop up the yuan: State banks USD/CNY sellersAUD...
August 17, 2023, 3:00 am
Pboc sets usd/ cny central rate at 7.2076 (vs. estimate at 7.3047)
The Bank is accepting a falling yuan, but not at the pace the market is pricing. Another huge discrepancy between the modelled expectation and the P...
August 17, 2023, 1:15 am
Hsbc highlight two continuing headwinds that'll drive the chinese yuan even lower
HSBC say that CNY could face more headwinds from China’s persistent run of weak data and further widened yield disadvantageAnd that People's Bank of...
August 17, 2023, 12:48 am
Forexlive americas fx news wrap 16 aug: the usd moves higher as data remains strong.
A nasty close for the US stocksEconomic calendar in Asia for Thursday, 17 August 2023 -Crude futures settle at $79.38Summary of FOMC meeting: Most tho...
August 16, 2023, 9:14 pm
Performance food group company (pfgc) q4 2023 earnings call transcript
Performance Food Group Company (NYSE:PFGC ) Q4 2023 Earnings Call Transcript August 16, 2023 9:00 AM ET Company Participants Bill Marshall - Vice Pres...
August 16, 2023, 5:20 pm
Pboc-backed paper: recent yuan fluctuations are normal
Expectations on the yuan exchange rate are stableThere is some growing angst about the decline in the yuan, particularly as a reason not to ease furth...
August 16, 2023, 2:59 pm
Usd/cad forecast: bulls retained at 1.35, focus on fomc
The Commerce Department reported a significant 0.7% surge in U.S. retail sales. Canada’s yearly inflation rate surged beyond expectations to 3.3% in...
August 16, 2023, 11:19 am
Wti crude oil technical analysis - the fakeout might be a big bearish signal
Crude Oil has been rallying strongly in the past couple of months as the prospects of more economic stimulus from China, the resilience of other advan...
August 16, 2023, 8:13 am
Forexlive asia-pacific fx news wrap: rbnz leaves cash rate at 5.5%, as expected
More from the RBNZ: Estimate of nominal neural cash rate has increased 25bpNZD/USD a few points higher after the RBNZ statement says rates to stay hig...
August 16, 2023, 2:55 am
China house prices in july fell m/m and y/y
China House Prices in July -3.9% m/m (prior 0%)this is one of the biggest monthly declines on record-0.1% y/y (prior 0%)Among China's 70 major cities:...
August 16, 2023, 1:35 am
Pboc is expected to set the usd/cny reference rate at 7.2878 – reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (Pboc),...
August 16, 2023, 12:20 am