Tag Archives: Yuan
yuan
China fixed asset investment contracts 1.6% YTD, deepening pressure on yuan and commodities
China’s year-to-date fixed asset investment fell 1.6% in April, undershooting forecasts and expectations.
China retail sales miss forecasts, raising pressure on metals, equities and yuan amid weak demand
China’s April retail sales rose 0.2% year on year, missing the 2% forecast and signaling slower consumer spending.
China house prices fall 3.5% in April, deepening property slump and weighing on yuan and commodities
China’s house price index fell 3.5% in April, slightly deeper than March’s 3.4% annual decline.
PBOC Sets Weaker USD/CNY Fix, Reinforcing Expectations of Further Yuan Depreciation
PBOC set USD/CNY fix at 6.8435, outlines policy goals, governance, tools, and China’s private banks landscape.
Firm Dollar and higher US yields keep Asian currencies subdued as renminbi outperforms
Asian currencies weakened on firmer dollar and higher yields; renminbi outperformed amid optimistic US-China talks.
US-China thaw lifts China growth outlook, supports yuan and steeper bond curve trades
US-China talks stayed cordial but separate; markets await trade deal clarity on tariffs, chips, rare earths.
Russia’s reserves hit $771bn, buoying rouble and complicating sanctions while lifting oil and hedging demand
Russia’s central bank reserves climbed to $771bn from $757.5bn, marking a $13.5bn increase overall.
PBOC sets weaker yuan fix, widening gap to estimates as traders position for depreciation
PBOC set USD/CNY central rate at 6.8415, slightly above prior fix, diverging from Reuters estimate.
US Signals Pragmatic China Trade Management as Rare Earth and Soybean Talks Temper Market Volatility
Greer says US will manage China ties, address rare earths; tariffs persist, chips sidelined, Hormuz crucial.
EU-China Trade Tensions Rise as Brussels Hits Chinese EVs and Beijing Targets EU Luxury Goods
EU worries grow over trade deficit with China, driven by car imports, overcapacity, prompting possible measures.
