Title: Expert Analysis: People's Bank of China Sets USD/CNY Central Rate for Trading Session As the leading investment manager and financial market journalist, I bring you the latest update on
According to UOB Group Economist Ho Woei Chen, there has been a divergence between Caixin and official manufacturing PMIs in China, while the official nonmanufacturing PMI saw a marginal increase
The latest data on China's manufacturing Purchasing Managers' Index (PMI) from Caixin has shown a slight increase to 50.4, up from 49.8 last month. However, market focus remains on the
Last Friday, USD/CNH traded at a low of 7.0710 after breaking below the crucial 7.10 psychological level, according to OCBC’s FX analyst Christopher Wong. Why USD/CNH Is Poised for Appreciation
Breaking News: People's Bank of China Sets USD/CNY Central Rate for Monday Trading Session at 7.1027 In a surprising move, the People's Bank of China (PBOC) has set the USD/CNY
China's Caixin Manufacturing Purchasing Managers' Index (PMI) surged to 50.4 in August, surpassing the forecasted 50.0 figure and showing significant improvement from July's 49.8, according to the latest data released
China's official Manufacturing Purchasing Managers' Index (PMI) dropped to 49.1 in August, missing the market consensus of 49.5. On the other hand, the NBS Non-Manufacturing PMI rose to 50.3 in
The Gold price is reaching new heights, with last week's all-time high being scratched and the potential for further increase. However, Commerzbank’s commodity analyst Barbara Lambrecht cautions that the upward
China's Renminbi Takes the Lead in Foreign Trade, Overtakes US Dollar Recent data from the State Administration of Foreign Exchange (SAFE) reveals that 53% of China's foreign trade was conducted
Title: Chinese Yuan Strengthens as People's Bank of China Sets Central Rate The People's Bank of China (PBOC) has set the USD/CNY central rate for the upcoming trading session at