CNH

China's Premier Li - government is capable of advancing strong economic growth

China Caixin Services October PMI 52.0 (50.3 prior)

• China PMI data

PBOC is expected to set the USD/CNY reference rate at 7.1019 – Reuters estimate

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

China's annual parliament is underway - expected to approve more fiscal stimulus measures

• China's National People’s Congress (NPC)

PBOC sets USD/ CNY reference rate for today at 7.1203 (vs. estimate at 7.1208)

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

PBOC is expected to set the USD/CNY reference rate at 7.1208 – Reuters estimate

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

China Caixin Manufacturing PMI for October 50.3 (expected 49.7, prior 49.3)

• The second manufacturing PMI for the month from China

PBOC sets USD/ CNY reference rate for today at 7.1135 (vs. estimate at 7.1122)

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

PBOC is expected to set the USD/CNY reference rate at 7.1122 – Reuters estimate

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

Asian FX & rates could be especially sensitive to the US election result

• Korean won, Thai baht and Chinese yuan eyed

China's six major national banks will start to implement a new mortgage pricing mechanism.

• Begins Friday

China official PMI data: October Manufacturing 50.1 (expected 50.0)

• China National Bureau of Statistics (NBS) data - October 2024 PMIs

PBOC sets USD/ CNY central rate at 7.1250 (vs. estimate at 7.1242)

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

PBOC is expected to set the USD/CNY reference rate at 7.1242 – Reuters estimate

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

PBOC sets USD/ CNY mid-point today at 7.1390 (vs. estimate at 7.1398)

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