China to Weaponize Gold in 2023
China is secretly buying gold and could be about to dump its reserves of dollars and US Treasuries on the market, causing a crash in both! FREE report, see the…
Read More »ICYMI, People’s Bank of China open market outright reverse repo operations facility
ICYMI, China’s central bank, the People’s Bank of China, has to use it to trade with primary dealers in open market operations on a monthly basis PBCO says it’ll maintain…
Read More »PBOC is expected to set USDCNY midpoint and 7.1132 versus 7.1358 on Friday
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 »Gold (XAU/USD) Slips After the PBoC Step Back from Buying for the Second Month
The price of gold slipped Monday after data showed that the People’s Bank of China (PBoC) left its gold reserves untouched in June.
Read More »China’s April CPI +0.3% y/y (vs. +0.1% expected) and PPI -2.5% (expected -2.3%)
For the y/y data: CPI +0.3% continuing to claw its way out of deflation this is the third consecutive month of above zero CPI y/y expected +0.2%, prior +0.1% PPI…
Read More »Gold Price Forecast: XAU/USD holds below $2,030 ahead of the PBoC rate decision
Gold price (XAU/USD) drifts lower to $2,027 during the early Asian session on Monday.
Read More »Major Shift at Ant Group as PBOC Confirms End of Jack Ma’s Control
Original source: https://www.investing.com/news/stock-market-news/major-shift-at-ant-group-as-pboc-confirms-end-of-jack-mas-control-3264890
Read More »ForexLive Asia-Pacific FX news wrap: USD/CNY mid-rate set lowest since September 27
Federal Reserve speakers Wednesday: Powell, Cook, Williams, Barr, Jefferson European Central Bank speakers for Wednesday, 8 November 2023 include head economist Lane Baidu ordered artificial intelligence chips from Huawei this…
Read More »Fed’s Powell and PBOC Gov Yi Gang spoke this week on US & China economy, finances
Federal Reserve Chair Powell and People’s Bank of China Governor Yi Gang spoke earlier this week. Tuesday says the headline. discussed both US and China economic, financial developments – Not…
Read More »PBOC is expected to set the USD/CNY reference rate at 6.8672 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. This article was written by Eamonn Sheridan at www.forexlive.com.
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