PBOC is expected to set the USD/CNY reference rate at 7.2591 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »WTI edges higher above $69.50 on Venezuela supply concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.60 during the early Asian session on Thursday.
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GBP: Tighter fiscal, looser monetary policy to hit sterling – ING
UK Chancellor, Rachel Reeves, delivers her 30-minute Spring Statement at 13CET.
Read More »China urged to focus on bolstering domestic demand, especially consumption
Changes in global environment will be challenging for China The narrative is building on this front with many calling for Beijing to step up support, especially on services consumption. From…
Read More »Fed may struggle to ‘look through’ tariff inflation: Morgan Stanley
Morgan Stanley argue that the U.S. Federal Reserve may face increasing challenges in maintaining its current stance on inflation amid rising concerns about the impact of new tariffs. While Fed…
Read More »Pres. Trump will announce tariffs on autos, aluminum and pharmaceuticals in near future
Pres. Trump is saying that: Will announce tariffs on autos, aluminum, and pharmaceuticals in the near future Tariffs will keep US taxes low. Meanwhle, commerce Sec. US Commerce Secretary Lutnick…
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