ASIA STOCKS: Another Strong Week of Inflows for Major Markets
May-23 01:35
Asia's major markets are staring at another strong week of inflows with almost $2bn recorded to yest...
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CNH: USD/CNY Fixing Higher, But Error Term Rewidens On USD Bounce
Apr-23 01:25
The USD/CNY fix printed at 7.2116, versus a BBG market consensus of 7.3417.
- Today's fix saw a re-widening of the error term to -1301pips from -818pips yesterday. This fits with higher USD index levels over the past 24 hours.
- The actual fix was still below recent highs, which rest at 7.2133.
- USD/CNH dipped to lows of 7.2922 earlier, but sits back around 7.3050 in latest dealings. We saw earlier support for CNH following comments from US President Trump that the final tariff rate on China would be lower than the 145% that currently prevails.
MNI: CHINA PBOC CONDUCTS CNY108 BLN VIA 7-DAY REVERSE REPO WEDS
Apr-23 01:22
- CHINA PBOC CONDUCTS CNY108 BLN VIA 7-DAY REVERSE REPO WEDS
US TSY FLOWS: Block BUY: USM5
Apr-23 01:20
2800 of USM5 traded at 114-22, post-time 01:25:20 BST (DV01 $353,492). The contract is currently dealing at 114-12, +0-25 from closing levels.
