About: anakin

Recent Posts by anakin

New Chinese restrictions on EU medical device purchases follow the EU’s recent procurement ban

China restricts high-value EU medical device imports in retaliation for EU’s procurement ban on Chinese firms.

The PBOC established the USD/CNY midpoint at 7.1506, surpassing the anticipated 7.1626 value

PBOC sets strongest yuan midpoint since November, injects liquidity via reverse repos, resulting in net drain.

OPEC+ unexpectedly increased oil output, prompting analyst concerns about market share competition and price declines

OPEC+ boosts oil output amid stable outlook, accepting price risks to recapture market share dominance.

The USD/CNY midpoint rate is projected by Reuters at 7.1626, set by PBOC

PBOC sets yuan midpoint daily, allowing ±2% fluctuation; aims to stabilize currency with possible interventions.

Many analysts foresee the Reserve Bank of Australia maintaining its cash rate amid inflation concerns

Most analysts expect a rate cut, but inflation and tight labor market may prompt RBA to pause.

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