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PBOC sets USD/ CNY reference rate for today at 7.0943 (vs. estimate at 7.1995)

  • PBOC CNY reference rate setting for the trading session ahead, another 1000+ point discrepancy
Eamonn Sheridan
18/03/2024 | 01:15 GMT
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Eamonn Sheridan
18/03/2024 | 01:15 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.1995 – Reuters estimate

  • The People's Bank of China is having some success in propping up the yuan
Eamonn Sheridan
18/03/2024 | 00:21 GMT
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Eamonn Sheridan
18/03/2024 | 00:21 GMT
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News
News

Weekend: China finance minister Lan Fo'an reaffirmed the need for proactive fiscal policy

  • MOF will use a combination of policy tools increasing the intensity of fiscal expenditure
Eamonn Sheridan
17/03/2024 | 20:51 GMT
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Eamonn Sheridan
17/03/2024 | 20:51 GMT
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News
News

China February M2 money supply +8.7% vs +8.8% y/y expected

  • Latest Chinese credit data for February 2024 has been released
Justin Low
15/03/2024 | 08:43 GMT
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Justin Low
15/03/2024 | 08:43 GMT
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News
News

China February new house prices -1.4% y/y (prior -0.7%)

  • New home prices fell 0.3% m/m in February 2024, vs. -0.37% in January
Eamonn Sheridan
15/03/2024 | 01:31 GMT
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Eamonn Sheridan
15/03/2024 | 01:31 GMT
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Central Banks
Central Banks

People's Bank of China set MLF rate at 2.5% (prior 2.5%)

  • Medium-term Lending Facility (MLF) left at 2.5%, as expected
Eamonn Sheridan
15/03/2024 | 01:20 GMT
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Eamonn Sheridan
15/03/2024 | 01:20 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY reference rate for today at 7.0975 (vs. estimate at 7.2058)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
15/03/2024 | 01:15 GMT
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Eamonn Sheridan
15/03/2024 | 01:15 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.2058 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
15/03/2024 | 00:26 GMT
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Eamonn Sheridan
15/03/2024 | 00:26 GMT
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News
News

China's top diplomat set to visit Australia and New Zealand in the coming week

  • China's foreign affairs minister, Wang Yi, will be visiting both countries from 17 to 21 March
Justin Low
14/03/2024 | 07:38 GMT
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Justin Low
14/03/2024 | 07:38 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY central rate at 7.0974 (vs. estimate at 7.1875)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
14/03/2024 | 01:19 GMT
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Eamonn Sheridan
14/03/2024 | 01:19 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.1875 – Reuters estimate

  • The rate will be much lower than this, the PBoC is propping up the yuan.
Eamonn Sheridan
14/03/2024 | 00:27 GMT
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Eamonn Sheridan
14/03/2024 | 00:27 GMT
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News
News

Fitch wary on China - says property collapse is continuing "unabated"

  • Fitch lowers 2024 China growth forecast to 4.5%.
Eamonn Sheridan
13/03/2024 | 22:38 GMT
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Eamonn Sheridan
13/03/2024 | 22:38 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY central rate at 7.0930 (vs. estimate at 7.1775)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
13/03/2024 | 01:16 GMT
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Eamonn Sheridan
13/03/2024 | 01:16 GMT
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Central Banks
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.1775 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
13/03/2024 | 00:21 GMT
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Eamonn Sheridan
13/03/2024 | 00:21 GMT
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Central Banks
Central Banks

PBOC sets USD/ CNY mid-point today at 7.0963 (vs. estimate at 7.1885)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
12/03/2024 | 01:15 GMT
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Eamonn Sheridan
12/03/2024 | 01:15 GMT
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