China

PBOC sets USD/ CNY reference rate for today at 7.1196 (vs. estimate at 7.2698)

• PBOC CNY reference rate setting for the trading session ahead.

PBOC is expected to set the USD/CNY reference rate at 7.2698 – Reuters estimate

• The rate will be set around 7.12

Canada's government is preparing a potential tariff package on Chinese-made EVs

ICYMI - Yellen spoke Thursday on inflation, China tariffs

• We'll be hearing a lot more about China in the run up to the US election

Offshore yuan at its lowest since November last year as the PBOC relaxes its grip on CNY

PBOC Loan Prime Rates (LPR) remain unchanged at today's rate setting, as expected

• People's Bank of China LPRs set at 3.45% for the one-year and 3.95% for the five-year

PBOC sets USD/ CNY central rate at 7.1192 (vs. estimate at 7.2653)

• PBOC CNY reference rate setting for the trading session ahead.

PBOC is expected to set the USD/CNY reference rate at 7.2653 – Reuters estimate

• Expect the rate somewhere on the 7.11 and perhaps even the 7.12 big figure today

The PBOC USD/CNY fixing is coming up soon - looks like the Bank is lightening up

• PBOC CNY reference rate setting for the trading session ahead.

China is expected to leave interest rates unchanged today - how long until they cut?

• Loan Prime Rates (LPR) are set by the People's Bank of China today, Thursday, 20 June 2024

Economic calendar in Asia Thursday, 20 June 2024 - China interest rate decision

• The People's Bank of China' will set Loan Prime Rates (LPR) today

Reminder - PBOC monetary policy interest rate decision due Wednesday evening, US time

• June 19 is a holiday in the US, but that evening will bring the rates decision from China

PBOC sets USD/ CNY central rate at 7.1159 (vs. estimate at 7.2482)

• PBOC CNY reference rate setting for the trading session ahead.

PBOC is expected to set the USD/CNY reference rate at 7.2482 – Reuters estimate

• The rate will be set on the 7.11 big figure

PBOC sets USD/ CNY mid-point today at 7.1148 (vs. estimate at 7.2494)

• PBOC CNY reference rate setting for the trading session ahead.