PBOC sets Yuan reference rate at 6.8856

The People's Bank of China (PBOC) has set the Yuan reference rate at 6.8856 vs Tuesday's fix at 6.8853.

Jul 10, 2019

BNP Paribas: Fed to cut rates twice this year

Analysts at BNP Paribas expect the US Federal Reserve (Fed) to deliver two 25 basis point rate cuts this year and a single 25 basis point rate cut in

Reuters reports a statement, citing that the US-China officials conducted a call on trade talks. Key Details: China’s Vice Premier Liu He conducted a