AUSTRALIA DATA: November Inflation Moderates, Q4 CPI Key February RBA Input

Jan-07 01:25

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November CPI inflation data moved in the right direction for the RBA to prolong its pause but remain...

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MNI: CHINA PBOC CONDUCTS CNY122.3 BLN VIA 7-DAY REVERSE REPO MON

Dec-08 01:22
  • CHINA PBOC CONDUCTS CNY122.3 BLN VIA 7-DAY REVERSE REPO MON

CNH: USD/CNY Fixing Error Positive Trend Continues, USD/CNH Steady

Dec-08 01:17

The USD/CNY fix printed at 7.0764, versus a BBG market consensus of 7.0739. This leaves the fixing error remaining positive, today at +25pips but down from Friday.  This continues to point to a steady outlook for the yuan. Spot USD/CNH is a little lower post the fixing, last around 7.0673/677. Recent highs are just above 7.0800, in terms of a potential upside focus point. 

CHINA SETS YUAN CENTRAL PARITY AT 7.0764 MON VS 7.0749

Dec-08 01:15
  • CHINA SETS YUAN CENTRAL PARITY AT 7.0764 MON VS 7.0749