Chinese yuan hits strongest level against the dollar in over 16 months as investors assess PBOC stimulus
China's yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore ...
Alibaba: PBOC's Massive Chinese Stimulus Package Has A Solid Winner
Alibaba is well-positioned to benefit from PBOC's recent monetary measures due to its strong share buyback program and ...
Central Banking15h
PBoC unveils major stimulus package
The announcement came after recent data suggested the economy remains bogged down by weak domestic demand and an ongoing ...
First Mover Americas: Bitcoin Little Changed in Face of PBOC Rate Cut
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in ...
The PBOC Has Unveiled A Monetary Policy Easing Package In A Bid To Support Growth
A rate cut, a RRR cut, and further property market measures will support efforts to reach this year’s growth target.
NBC Los Angeles1d
China 10-year bond yield hits record low after PBOC signals more easing
China bond yields fell to a record low after the People’s Bank of China announced that it will cut the reserve requirement ...
China Stimulus Hopes Rise as PBOC Cuts Rate, Plans Briefing
China announced plans for a rare briefing on the economy by three top financial regulators just as it cut one of its ...
PBOC sets USD/CNY reference rate at 7.0202 vs. 7.0510 previous
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.0202, as compared to the previous day's fix of 7.0510 and 7.0212 Reuters estimates.
Metal4h
PBoC Introduced "Policy Package", Copper Prices Reached Two-Month High Overnight [SMM Copper Morning Comment]
Overnight, LME copper opened at $9,749.5/mt, initially dipping to $9,724/mt, then climbing steadily to a high of $9,825/mt near the close, finally settling at $9,821/mt, up 2.92%.