CNY

PBOC sets USD/ CNY reference rate for today at 7.1919 (vs. estimate at 7.2151)

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

PBOC is expected to set the USD/CNY reference rate at 7.2151 – Reuters estimate

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

PBOC sets USD/ CNY reference rate for today at 7.1903 (vs. estimate at 7.2009)

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

PBOC is expected to set the USD/CNY reference rate at 7.2009 – Reuters estimate

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

Morgan Stanley raises China GDP forecast to 4.5% for 2025 amid easing trade tensions

• 4.5% for 2025 (from 4.2%) and 4.2% for 2026 (from 4.0%)

PBOC sets USD/ CNY central rate at 7.1937 (vs. estimate at 7.2133)

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

China's Commerce Ministry says US measures on China chips are bullying, protectionist

• MofCom statement adds that the US abuses export controls to contain and suppress China

PBOC is expected to set the USD/CNY reference rate at 7.2133 – Reuters estimate

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

The PBoC reiterates implementation of loose monetary policy

• China central bank governor chairs symposium on financial support for the real economy

China's state planner approved 27 fixed asset investment projects in January - April

• The National Development and Reform Commission of the People's Republic of China (NDRC) is China's state planner.

PBOC sets USD/ CNY mid-point today at 7.1931 (vs. estimate at 7.2112)

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

PBOC cuts Loan Prime Rates (LPRs) by 10bp for both 1- and 5-year loans

• 1-year to 3.0%, from 3.1% and the 5-year to 3.5% from 3.6%

More rate cuts coming from Chinese banks - as expected

PBOC is expected to set the USD/CNY reference rate at 7.2112 – Reuters estimate

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

ICYMI - China said the US has undermined the consensus reached in Geneva tariff talks

• On Monday, US time, China issued a statement on US adjusting chip export controls