People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.CNH...
<p>That's the Reuters estimate for the setting. </p><p>Xi spoke over the weekend, reiterating his commitment to COVID-zero:</p><ul><li><a href="https://www.forexlive.com/news/chinas-xi-speech-flagged-no-change-to-covid-zero-policy-no-relief-for-property-slump-20221016/" target="_blank" data-article-link="true">China's Xi speech flagged no change to COVID-ZERO policy, no relief for property slump</a></li></ul><p>There...
Japan finance minister Suzuki comments now crossing, he is using the 'excess' and speculative keywords that indicate actual intervention is increasingly likely. While Japanese officials have said there is no specific level and...
A survey of economists in the Wall Street Journal. The gist of the expectation of recession is that expectations are that continued Federal Reserve rate hikes will mean higher unemployment and a downturn...
This is the Business New Zealand Performance of Services Index. Solidly in expansion and off from August. BusinessNZ chief executive Kirk Hope:the two key sub-indexes of New Activity/Sales (59.2) and New Orders/Business (62.9)...
European Union leaders will hold a meeting this week, on October 20 and 21, to sort through options for gas price caps.Reuters are citing a new draft of conclusions for summit.The EU's executive,...
