PBOC sets USD/CNY reference rate at 7.1934 vs. 7.1935 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1934, as compared to the previous day's fix of 7.1935 and 7.2482 Reuters estimates.

Nov 21, 2024

ECB’s Stournaras: 2% inflation target to come in early 2025

The European Central Bank (ECB) Governing Council member Yannis Stournaras said on Wednesday that the Eurozone is on the cusp of sustainably reaching 2% inflation, putting the onus on officials to avoid undershooting that goal, per Bloomberg.

WTI steadies near $69.00 amid geopolitical risks, rise in US crude stock

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.95 on Thursday.