US Dollar Gains as Stimulus Talks Fail to Make Progress
The US dollar is making gains against its riskier counterparts after discussions about the next round of fiscal stimulus measures failed to Full Article
China’s Exports Rise During April, Beat Economists’ Forecast
Customs data reveals that dollar denominated exports from China increased by 3.5% YoY during April, instead of falling by 15.7% as forecast Full Article
China’s Manufacturing and Services Sectors Rebound Into Expansion in March
China's official manufacturing PMI surged to 52 in March from 35.7 in February, rising above the 50-threshold indicating expansion in the Full Article
PBOC Cuts 7-Day Repo Rate, Injects Liquidity
The PBOC announced a surprising 20bp cut in reverse repurchase agreements to offset some impact of the pandemic on its economy. Full Article
Disappointing Economic Data Releases From China Heighten Possibility of Economic Contraction in Q1 2020
Industrial production in China experienced the steepest decline in 30 years during January and February 2020 on account of the coronavirus Full Article
Inflation Weakens in China on Account of Coronavirus
Recent data released by the National Bureau of Statistics (NBS) reveals that producer prices in China witnessed a decline during the month Full Article
Chinese Yuan Weakens to One-Month Low as Markets Worry About Economic Impact of Coronavirus
The Chinese yuan is trading close a one-month low against the US dollar over raised concerns about the possible impact of the coronavirus Full Article
Chinese Yuan Weakens Against the US Dollar Over Fears of Coronavirus Epidemic
The optimism around the US-China phase one trade deal has faded and the Chinese yuan has weakened against the US dollar over rising fears of Full Article
USD/CNH Bearish as US Treasury Department Stops Calling China a Currency Manipulator
The Chinese yuan is making gains and trading bullish against the US dollar early on Tuesday after the US Treasury Department announced its Full Article
Chinese Yuan Could Recover After the Signing of the Phase One Trade Deal, But..
The Chinese yuan is set to strengthen once the US and China sign the phase one trade deal and trade tensions recede, but could experience Full Article
Chinese Yuan Buoyed by Reports of Positive Developments in US-China Trade Talks
The Chinese yuan is trading bullish against the US dollar over increasing optimism in global financial markets for a possible resolution in Full Article
PBOC Infuses More Funds to Boost Liquidity, Keeps Lending Rates Steady
On Friday, the PBOC injected an addition 200 billion yuan to increase liquidity in Chinese markets for the second time this November. Full Article
Chinese Data Disappoints – Trade War, Weakening Demand Weigh
Industrial production growth in China witnessed a steep decline, climbing 4.7% YoY higher during October, coming in weaker than expected Full Article
US Dollar to Retain Top Spot for Currency Reserves, Euro and Renminbi to Gain
Leading central banks around the world hold global currency reserves in order to back their liabilities, and any buying or selling of these Full Article
Chinese Yuan Weakens Against the US Dollar in Reaction to Recent Legislation on Hong Kong
The Chinese yuan has weakened against the US dollar as the spotlight goes back on the possibility of the US-China trade war intensifying.. Full Article
