- Story Log
User | Time | Action Performed |
---|---|---|
-
Bank of Japan intervenes to buy an unlimited amount of 5 to 10 year JGBs
- Comments
- Subscribe
-
- Older Stories
post: Yuan Reference Rate at 7.1495 Per USD; Estimate 7.1909PBOC sets USD/ CNY central rate at 7.1495 (vs. estimate at 7.1933) People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate. CNH is the offshore yuan. USD /CNH has no restrictions on its trading range. A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC. The previous close was 7.1920 More substantial yuan support from the People's Bank of China again today. The reference rate is nearly 500 points from that earlier estimate. PBOC injects 1bn yuan in open market operations (OMOs) via 7-day reverse repos (RRs) at an unchanged rate of 1.9% • 114bn yuan of RRs mature today. • Thus a net 111bn yuan drain on the day in OMOs.
The ANZ World Commodity Price Index fell 2.6% m/m in July. Meat, dairy and aluminium prices all fell as global demand for these commodities weakened further. In local currency ...
Keeping our traders at the forefront of everything we do, we are launching our latest rebate program designed to reward our valued clients for their loyalty, efforts, and passion ...
-
- Newer Stories
Key statistics: The seasonally adjusted balance on goods and services surplus increased $824m in June. Goods and services credits (exports) fell $987m (-1.7%) driven by Other ...
Chinese services companies had a strong start to the third quarter of the year, according to latest PMI data, with business activity across the sector rising solidly overall. The ...
Following the RBA’s decision to keep rates on hold at 4.1% for a second consecutive month, we now see only one more increase this cycle, taking the cash rate target to a peak of ...
- Story Stats
- Posted: Aug 2, 2023 9:22pm
- Submitted by:Category: High Impact Breaking NewsComments: 0 / Views: 4,402