People's Bank of China mid-rate, survey estimates was 6.7049 (Bloomberg) and 6.7086 (Reuters)
In OMOs,
- PBOC adds 50bn yuan via 7-day reverse repo agreements, matching the 50bn that mature today
In OMOs,
Most Popular
Sponsored
PANW's AI cybersecurity shines, with 33% ARR growth & P/S discount vs. CRWD. Analysts see 13-45% upside.
Chase Sapphire Reserve: 150K bonus pts ($1.5K value) w/ $6K spend. High $795 fee, but perks offset costs.
UAN surges 34% on strong Q1 earnings & 103% plant use. Geopolitics boost prices, but capex reserves may impact distributions.
LLY jumps 10% on strong GLP-1 sales, but YTD returns lag amid competition.
META beats earnings but drops 9% on AI spend. High P/FCF at 35x signals caution.
SoFi stock's 42% drop from highs & 31x forward P/E may signal oversold. Strong revenue growth & profit trend.
RIVN's Q1 revenue dips 27% amid cash burn; R2 SUV launch & VW JV key for future returns.
Sponsored
Must Read