USD/CNY for the day from the PBOC
In open market operations today the People's Bank of China is:
- to inject 60 bn yuan via 7 day reverse repos
80bn yuan in RR maturities today
In open market operations today the People's Bank of China is:
80bn yuan in RR maturities today
Most Popular
MSFT down 19% despite 23% profit growth. High AI costs pressure margins, valuation at 25x P/E seems risky.
Scholastic's revenue dips 1.9%, but FCF jumps to $407M. Stock up 7.6% post-earnings.
No US crude export ban despite $110 Brent! Producers fear lost revenue, consumers see no price relief.
Oil price swings dictate market moves; S&P 500 down 0.3%, Dow 0.4%, Nasdaq 0.3%.
Canada revokes 47 crypto licenses for AML failures; fines hit $140M. Risk up for non-compliant firms.
LMT dips 2.5% despite Greece's $36B defense deal; year-to-date gains at 33%.
Evernorth aims for XRP treasury, valued at $685M. Initial XRP purchase value halved; investors see attractive entry valuation.
Must Read