Generative Data Intelligence

Tag: PBOC

Bank of China Achieves Groundbreaking $14 Million e-CNY CBDC Settlement in Gold

The Bank of China has marked a significant milestone in the realm of digital currency with the completion of the world's first cross-border Central...

China’s central bank to ‘resolutely curb’ crypto speculation; Hong Kong updates regulations

Pan Gongsheng, recently appointed head of the People’s Bank of China (PBOC), the country’s central bank, said the agency will severely crack down on...

Aussie slips on soft employment data – MarketPulse

Australian employment falls sharply PBOC expected to maintain loan prime rates The Australian dollar has extended its losses on Thursday. In the North American session,...

Week Ahead – US retail sales and earnings, major Chinese data, and UK inflation and employment readings – MarketPulse

US This week Wall Street will learn how quickly the US consumer is weakening and if the manufacturing part of the economy is close...

Global growth concerns send Commodity Currencies lower despite surge in oil and prices – MarketPulse

Dollar remains strong on safe-haven flows spurred by the Israel-Hamas war Gold volatility surges the most since March Oil prices surge on disruption concerns The Canadian...

Aussie jumps as PBOC holds lending rates, hits 3-week high – MarketPulse

China maintains one-year and five-year loan prime rates Australian dollar records strong gains The Australian dollar has posted strong gains on Wednesday. In the European...

The Evolution of CBDCs – What to Expect Next

Central Bank Digital Currencies (CBDCs) have sparked considerable attention in the financial sector. These digital versions of traditional fiat currencies, backed by central banks, are altering the...

Week Ahead – Fed, BoE, BoJ, SNB, SARB, CBRT and more to look forward to – MarketPulse

Federal Reserve could be cautious as data continues to show economic resilience BoE may raise rates for the last time in this cycle BoJ eyed...

A resilient Chinese yuan is supporting Hong Kong equities and antipodean currencies – MarketPulse

Yesterday’s significant US dollar up moves against the EUR, GBP, and CHF have not spread to the Chinese yuan and antipodean currencies. The choice...

Week Ahead – US inflation key, ECB ponders rate pause, UK labor market data – MarketPulse

US This week is all about the US CPI report and retail sales data. If the US demand for goods didn’t weaken that much...

EUR/USD: Shrugs off hawkish ECB speak; dollar firms after impressive ISM services report – MarketPulse

US ISM Services Index unexpectedly surges to a six-month high, boosted on robust new orders and strong hiring ECB’s Kazimir prefers a September rate...

BRICS Summit: Dedollarization risks ease – MarketPulse

Xi meets Ramaphosa and discuss how to bolster trade in their own currencies Yuan still weakens despite PBOC’s most forceful fixing on record BRICS might...

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