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Eamonn Sheridan

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Central Banks
usdcnh fx rrr news 27 February 2026
Central Banks

PBOC sets USD/ CNY reference rate for today at 6.9228 (vs. estimate at 6.8428)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
27/02/2026 | 01:15 GMT
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Eamonn Sheridan
27/02/2026 | 01:15 GMT
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Central Banks
PBOC cuts FX risk reserve ratio to 0% to support RMB hedging
Central Banks

PBOC cuts FX risk reserve ratio to 0%, slowing yuan appreciation

  • China’s central bank will cut the foreign-exchange risk reserve ratio for forward FX sales to 0% from 20%, effective March 2, 2026,
Eamonn Sheridan
27/02/2026 | 00:57 GMT
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Eamonn Sheridan
27/02/2026 | 00:57 GMT
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Central Banks
cny cnh yuan 13 August 2025 2
Central Banks

PBOC is expected to set the USD/CNY reference rate at 6.8428 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
27/02/2026 | 00:24 GMT
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Eamonn Sheridan
27/02/2026 | 00:24 GMT
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News
retail sales consumer spending
News

UK consumer confidence falls to three-month low and car production drops 8%

  • Sterling and UK domestic equities may face modest pressure if rising unemployment feeds through to weaker spending, though hopes of a 2026 auto rebound and elevated household savings offer some offset.
Eamonn Sheridan
27/02/2026 | 00:12 GMT
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Eamonn Sheridan
27/02/2026 | 00:12 GMT
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News
USDJPY update 27 February 2026
News

More Japan data: January retail sales beat and industrial production miss

  • Data post only
Eamonn Sheridan
26/02/2026 | 23:56 GMT
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Eamonn Sheridan
26/02/2026 | 23:56 GMT
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