PBOC sets USD/CNY reference rate at 7.1942 vs. 7.1934 previous

On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1942, as compared to the previous day's fix of 7.1934 and 7.2502 Reuters estimates.

Nov 22, 2024

Japan PM Ishiba prepares $90 billion stimulus package to boost economy further

Japan is preparing a fresh stimulus package valued at 13.9 trillion yen ($89.7 billion), aiming to mitigate the financial strain on households caused by rising prices, per Reuters.

WTI recovers above $70.00 as Russia-Ukraine war escalates

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $70.25 on Friday.