Category Finance

The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called…

china s People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system…

0900 GMT/0500 US Eastern time National Bank of Slovakia (Národná banka Slovenska), and therefore a member of the ECB’s Governing Council, Governor Peter Kazimir is speaking he’ll be presenting the Slovak central bank’s latest economic forecasts and speaking on his policy outlook This article was written by Eamonn…

China’s central bank is changing how it issues its one-year medium-term lending facility (MLF) loans, adopting a bidding system that will let market forces determine interest rates. The People’s Bank of China (PBOC) will offer 450 billion yuan in MLF loans this week, using a fixed-quantity, multiple-price bidding…

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Bank of Japan January meeting minutes: Most members expressed the recognition that the likelihood of realizing the outlook had been rising Some members shared the recognition that real interest rates were expected to remain significantly negative even after the rate hike One member expressed the view that, if…

Russian state media, RIA Novosti is reporting a joint statement from US and Russia is expected on Tuesday. talks between the two delegations in Riyhad concluded on Monday discussion on trying to reach a Black Sea maritime ceasefire deal, among other issues Meanwhile, Trump listed the other issues:…

BlackRock is in favouring of Japan and China markets. In brief: Japan: earnings outlook has improved for Japanese firms corporate reforms and inflation is boosting the outlook for returns is wary of yen appreciation though, which could weigh on earnings outlook China BlackRock is overweight cite developments in…

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The U.S. Small Business Administration (SBA) on Friday announced an agency-wide reorganization that includes a 43% reduction in its workforce as part of a broader effort to return to its original mission of supporting small businesses and increasing agency accountability to taxpayers. The restructuring, authorized under Executive Order…