PBOC to lower FX risk reserve ratio to zero, effective from Monday
The People’s Bank of China (PBOC) will slash its reserve requirement ratio (RRR) to zero for some forex exchange forwards trading, effective from Mond
Read More »Events to Look Out for Next Week
The week ahead will be a quiet one due to the limited economic releases, with the most telling data the preliminary estimates of July manufacturing PMIs from across the globe….
Read More »S&P 500 Climbs on Strong ISM PMI, China A50 Soars after PBoC Rate Cuts
The S&P 500 index climbed for a third straight day but may struggle to gain momentum ahead of non-farm payrolls data and a market holiday. China A50 index soared after…
Read More »