CNY

PBOC is expected to set the USD/CNY reference rate at 6.8728 – Reuters estimate

JP Morgan, Citi upgrade China 2023 full-year GDP growth forecast

• This comes after the more robust Q1 GDP data earlier today

China Q1 GDP +2.2% vs +2.2% q/q expected

• China releases its Q1 GDP data - 18 April 2023

PBOC sets USD/ CNY reference rate for today at 6.8814 (vs. estimate at 6.8828)

PBOC is expected to set the USD/CNY reference rate at 6.8828 – Reuters estimate

PBOC sets USD/CNY midpoint at 6.8679 vs 6.8606 prior

• The latest yuan fix

China Q1 GDP growth seen at 4.0% y/y - Reuters poll

• The end of Covid-19 curbs is likely to be a boost for the Chinese economy in Q1

PBOC sets USD/ CNY reference rate for today at 6.8606 (vs. estimate at 6.8614)

PBOC is expected to set the USD/CNY reference rate at 6.8614 – Reuters estimate

PBOC sets USD/ CNY mid-point today at 6.8658 (vs. estimate at 6.8672)

PBOC is expected to set the USD/CNY reference rate at 6.8672 – Reuters estimate

Taiwan says China has shortened airspace restriction to just 27 minutes on 16 April

• The supposed no-fly zone is believed to be related to military drills by China

China reportedly plans to impose no-fly zone in north of Taiwan from 16 to 18 April

• Reuters reports, citing four sources with knowledge of the matter

PBOC sets USD/ CNY central rate at 6.8854 (vs. estimate at 6.8843)

PBOC is expected to set the USD/CNY reference rate at 6.8843 – Reuters estimate