CHINA PRESS: President Xi Tours Shanghai
Apr-30 01:23
Chinese President Xi Jinping has called on Shanghai to accelerate efforts to build a global science and technology innovation hub, state news agency Xinhua reported. During a tour of the city, Xi visited a government-backed artificial intelligence incubator that hosts over 100 companies and an AI product showroom featuring smart glasses, toys and musical instruments.
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MNI: CHINA PBOC CONDUCTS CNY166.7 BLN VIA 7-DAY REVERSE REPO MON
Mar-31 01:21
- CHINA PBOC CONDUCTS CNY166.7 BLN VIA 7-DAY REVERSE REPO MON
CNH: USD/CNY Fixing Edges Up, USD/CNH Little Impacted
Mar-31 01:18
The USD/CNH fix printed at 7.1782, versus a BBG market consensus of 7.2644.
- The fix was set higher than Friday's outcome (7.1752). It remains within recent ranges though (March 25 recorded a 7.1788 fixing).
- The fixing error was little changed at -862pips.
- USD/CNH has drifted lower in the first part of Monday dealings, the pair last near 7.2630/35. Broader USD indices are weaker, led by yen gains, as markets see risk off amid US tariff/growth fears.
CHINA SETS YUAN CENTRAL PARITY AT 7.1782 MON VS 7.1752
Mar-31 01:16
- CHINA SETS YUAN CENTRAL PARITY AT 7.1782 MON VS 7.1752
