Yuan

8 June 2026
China FX reserves climb to $3.442tn, bolstering yuan stability and dampening USD/CNY volatility

China’s reserves rose to $3.442tn, signaling PBoC intervention to steady yuan, suppress volatility, supporting commodities and equities.

4 June 2026
PBoC sets weaker yuan fixing, signalling tolerance for depreciation as growth slows and USD/CNY rises

PBoC set weaker-than-expected USD/CNY fixing, signaling tolerance for yuan depreciation to support exports amid slowing growth.

4 June 2026
Renminbi Rises 3.3% Against Dollar as CFETS Basket Nears Early-2025 Highs

Renminbi gains outpace Asian peers, supported by demand and policy tolerance, though dividend season may slow appreciation.

4 June 2026
Indonesia’s Danantara export overhaul clouds commodity trade flows, raising rupiah volatility despite Bank Indonesia support

Indonesia’s commodity-export shift to Danantara raises execution risks, disrupting trade, elevating USD/IDR volatility despite Bank Indonesia support.

3 June 2026
Caixin China Services PMI Jumps to 54.4 in May, Bolstering Yuan and Risk Assets

China’s Caixin services PMI jumped to 54.4, beating forecasts, boosting yuan, commodities, and China-linked assets.

3 June 2026
USD/CNH retains bearish bias, with focus shifting to 6.7500 and resistance at 6.7800

USD/CNH edged higher but tone softened; bearish bias persists, targeting 6.7500, with 6.7800 key resistance.

3 June 2026
OCBC Cuts Rupiah Forecasts as Policy Uncertainty Mutes Impact of Bank Indonesia Rate Rise

OCBC cuts IDR forecasts despite BI’s 50bp hike, citing policy uncertainty, high oil, and strong yields.

2 June 2026
Swiss trade surplus narrows in April, fuelling expectations of softer franc and steady SNB policy

Switzerland’s April trade surplus narrowed to CHF 3,098m, boosting EUR/CHF upside; SMI volatility rises, SNB stays dovish.

2 June 2026
BNP Paribas Sees China Growth Peaking, K-Shaped Split to Drive Sector and Derivative Plays

China Q1 2026 growth hits 5.0%, but K-shaped slowdown favors selective options: calls exporters, puts property.

1 June 2026
PBoC sets firmer USD/CNY fixing, signalling tolerance for gradual yuan weakness amid growth concerns

PBoC set USD/CNY fixing at 6.8167, signaling managed yuan weakness to bolster growth amid soft data.

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