The Reserve Bank of Australia has left the cash rate on hold at 4.35%, as was unanimously expected:At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at...
Beijing official says will apply targeted policies to property
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Evergrande Real Estate Group will receive a warning and a fine of 4.18 billion yuan
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“Severe economic slowdown” comments from NZ Treasury cited as reason for NZD selling
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China’s Longi says will lay off around 5% of staff, not around 30% as some media said
China's Longi Green Technology Energy is the world's largest solar manufacturerOvernight there were media reports the firm would cut nearly one-third of its staff as a cost-saving measure.The firm has issued a statement confirming layoffs but putting the number much...
‘Handshake’ agreement reached for US government funding deal to avert a shut down
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USD/JPY moving around, swings helped by thinning liquidity ahead of Bank of Japan decision
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PBOC sets USD/ CNY central rate at 7.0985 (vs. estimate at 7.2056)
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China’s Foreign Min says ready to work with New Zealand on upgraded Free Trade Agreement
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A People’s Bank of China monetary policy maker will be speaking later today
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PBOC is expected to set the USD/CNY reference rate at 7.2056 – Reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate...
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Japan finance minister Suzuki says won’t comment on any BOJ policy steps to be taken
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Morgan Stanley point to a broadening of the S&P 500 rally in the past month
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BoJ’s Pivot Imminent: Yen Ready for Takeoff or Tumble? Setup on USD/JPY
Most Read: Gold Price Outlook: Fed May Shake Up Markets. Pullback or Rally in Store?The Bank of Japan is set to wrap up its March monetary policy meeting on Tuesday (Japan time, still Monday in NY). After recent media leaks, the institution led by Governor Kazuo Ueda...
UBS analyst neutral on US equities, but constructive on quality companies
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Reuters report that New Zealand Prime Minister Luxon intends visit to China
New Zealand’s previous Prime Minister Chris Hipkins visited China in mid-2023. Noob PM Chris Luxon says he'll visit too, in the months ahead.Luxon met with China’s Foreign Minister Wang Yi in New Zealand this week.Luxon has been invited to visit China, and the Chinese...
Australian weekly consumer confidence 81.7 (prior 82.2)
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It’s a close call, but not everyone expects the Bank of Japan to tighten policy today
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ICYMI (posted Monday) – Goldman Sachs predicts three Fed rate cuts in 2024
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