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Tag: People’s Bank Of China

NZD/USD clings to mild gains above 0.5900 amid China-linked optimism, US Consumer Confidence eyed

Share: NZD/USD defends the week-start rebound from yearly low despite lacking momentum of late. US Dollar extends pullback from 11-week high...

LD Capital: Institutions Are Buying on the Dip

Stock Market Overview Amid concerns over higher government bond yields, inflation, China's slowing economy, and its looming debt crisis, major global stock indices have seen...

Financial Landscape Unveiled: US Indices and Chinese Equities in Flux

In the intricate web of global financial dynamics, recent times have witnessed contrasting patterns in the pursuits of stability. As the US indices, particularly...

China’s blockchain agenda marches on – without tokens

Claude Huang contributed to this story. China is racing ahead with blockchain-related projects in a bid to reshape its digital infrastructure, but without the...

China’s Yuan Eases to 1-Week Low

In recent times, the yuan price has been experiencing fluctuations, raising economic concerns in China. The value of the Chinese currency against other major...

Cash-for-Metaverse: How China’s Digital RMB And Metaverse Strategy Could Circumvent Sanctions – CryptoInfoNet

IntroductionOn February 27, the State Council of the People’s Republic of China released its Digital China Plan (数字中国建设整体布局规划), outlining China’s latest strategy for its...

AUD/USD snaps four-day uptrend near 0.6680 on downbeat China Caixin Services PMI, Fed Minutes eyed

Share: AUD/USD appears hesitant during fifth price-positive day ahead of Fed minutes. China Caixin Services PMI slides to 53.9 in June....

Euro Sell Struggles to Sustain Upside Momentum

The Euro sell pair shows signs of fresh buying and benefits from a weakened USD. However, the lack of follow-through beyond the 1.0930-35 confluence...

Natural Gas pares early gains as US Dollar rises after better-than-expected US housing data

Share: Natural Gas price corrects from its daily highs after the release of upbeat macroeconomic housing data from the US, which supports the...

Brace for impact: the market could explode if China lifts its Crypto ban

Beijing has issued a white paper titled “Web3 Innovation and Development White Paper (2023)”, advocating for web3 technology as a crucial component of future...

ForexLive Asia-Pacific FX news wrap: Tokyo core-core CPI hits a 40 year high | Forexlive

We had more US debt limit talks Thursday evening US time and headlines to the effect that Biden and McCarthy were ‘near’ a debt limit deal. More...

Dedollarization: A Yuan Tale

Countries are starting to settle trade in local currencies rather than U.S. dollars, and warnings of the dire consequences are heating up. They...

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