PBOC sets USD/CNY reference rate at 7.1216 vs. 7.1249 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1216, as against the previous day's fix of 7.1249 and 7.1210 Reuters estimates.

Aug 28, 2024

Australia’s monthly CPI inflation rises to 3.5% YoY in July vs. 3.4% expected

Australia’s monthly Consumer Price Index (CPI) jumped by 3.5% in the year to July, compared to a 3.8% increase seen in June, according to the data published by the Australian Bureau of Statistics (ABS) on Wednesday.

BoJ’s Himono: The financial and capital markets remain unstable

The Bank of Japan (BoJ) Deputy Governor Ryozo Himino said on Wednesday that the financial and capital markets remain unstable and the Japanese central bank needs to monitor these developments with utmost vigilance.