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post: CHINA SETS YUAN MIDPOINT AT 7.4011 PER DOLLAR, COMPARED TO LAST CLOSE OF 7.2212PBOC sets USD/ CNY central rate at 7.1011 (vs. estimate at 7.2102) The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. • USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate. • CNH is the offshore yuan. USD /CNH has no restrictions on its trading range. • A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC. The previous close was 7.2212. PBOC injects 2bn via 7-day RR, sets rate at an unchanged 1.8%.
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You can’t help but notice just how sensitive commodities are to US dollar movements right now. Take the price action on Thursday as a prime example with an unusually large increase in US jobless claims sparking big gains across the complex, seeing names like gold, silver and copper push back towards their YTD highs. The asymmetric reaction provides a sense ...
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South Africa has won a legal claim over $43 million worth of treasure from a World War II shipwreck that was found off the country's coast by a British exploration company, the U.K. Supreme Court said on Wednesday. The sinking of the the SS Tilawa — which has been called the "Indian Titanic" — killed 280 people and sent over 2,000 bars of silver plunging to ...
Date | 6:35am | Impact | Detail | Actual | Forecast | Previous | Graph | ||
---|---|---|---|---|---|---|---|---|---|
6:35am | Actual | ||||||||
Fri May 10 | |||||||||
Fri May 10 | 2:00am | UK Construction Output m/m | -0.4% | 0.8% | -2.0% | ||||
UK GDP m/m | 0.4% | 0.1% | 0.2% | ||||||
UK Goods Trade Balance | -14.0B | -14.5B | -14.1B | ||||||
UK Industrial Production m/m | 0.2% | -0.5% | 1.0% | ||||||
UK Manufacturing Production m/m | 0.3% | -0.5% | 1.2% | ||||||
UK Prelim GDP q/q | 0.6% | 0.4% | -0.3% | ||||||
4:00am | IT Industrial Production m/m | -0.5% | 0.3% | 0.0% | |||||
UK LME Copper Inventories | -925 | -1625 | |||||||
7:30am | EZ ECB Monetary Policy Meeting Accounts | ||||||||
8:00am | MX Industrial Production m/m | 0.7% | -0.1% | ||||||
8:30am | CA Employment Change | 20.9K | -2.2K | ||||||
CA Unemployment Rate | 6.2% | 6.1% | |||||||
10:00am | US Prelim UoM Consumer Sentiment | 76.3 | 77.2 | ||||||
US Prelim UoM Inflation Expectations | 3.2% | ||||||||
9:30pm | CH CPI y/y | 0.2% | 0.1% | ||||||
CH PPI y/y | -2.3% | -2.8% | |||||||
Sat May 11 | |||||||||
Sat May 11 |