Live Charts (US dollar / Chinese yuan)

Apple CEO Tim Cook says price increases are unavoidable as AI demand has quadrupled memory chip costs, with Morgan Stanley estimating a 15% shortfall in consumer tech supply by 2027.

PBOC sets USD/ CNY reference rate for today at 6.8130 (vs. estimate at 6.7752) PBOC CNY reference rate setting for the trading session ahead after a hawkish Fed Wednesday.

Analysts are divided on the Fed's next move after June's hold, with one assigning near 50% odds to a December hike and another warning that AI-led growth could prompt tightening next year.

Nikkei hits 71K! Fed signals 2026 rate hikes, Warsh reins in guidance. Futures climb.

CITIC Securities maintains its call for the Fed to hold rates unchanged through 2026, arguing Warsh faces political constraints and that the US-Iran deal will ease the inflation pressure driving hawkish dot-plot bets.

Fed's dot plot shows nearly half see a rate hike; Bitcoin tests $63K. Higher rates loom.

Gov't pays $765M to kill offshore wind projects. High cost, but boosts energy security. Investors watch valuation shifts.