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 system that allows the value of the yuan to fluctuate
Canada retail sales Prior month -0.1% (they were expecting -0.3%) The September advance estimate was 0.0% Retail sales for September 0.6% vs 0.0% est. Ex auto 0.2% vs -0.2% est. Prior month ex auto, +0.1% Ex auto and gas -0.3%% vs -0.3% last month October advanced estimate 0.8% Retail sales were up in 4 of
S&P Flash manufacturing PMI remains below 50.0 Prior PM Mfg 50.0 Flash Manufacturing PMI 49.4 vs 49.8 estimate Flash services PMI 50.8 vs 50.4 estimate ant 50.6 last month Composite 50.7 unchanged from last month 50.7. From S&P Global: In November, US businesses experienced a marginal expansion in output, similar to the growth rate seen
The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate. CNH is the offshore yuan. USD /CNH has no restrictions on its trading range. A significantly stronger or weaker rate
The bulk in the +55K gain in jobs was part-time, which will take some of the heat out the headline. Nevertheless it points to still strong demand for labour and keeps wage pressures on the simmer. Unemployment rate 3.7% as expected, despite a higher participation rate It won;t be long until thoughts turn to this
US Retail Sales Turn Lower in October US retail sales broke its run of six consecutive positive prints in October, dropping 0.1% in the month of October compared to September. In addition, September’s number was revised higher from +0.7% to +0.9%. Customize and filter live economic data via our DailyFX economic calendar Recommended by Richard
PBOC is expected to set the USD/CNY reference rate at 7.2889 – 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
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 system that allows the value of the yuan to fluctuate