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China’s central bank set the dollar-yuan midpoint at 6.9414, up from 6.9398 and above Reuters’ 6.9249 estimate
China just set the yuan weaker again: PBoC fixed USD/CNY at 6.9414, above forecasts, signaling managed depreciation to support growth. Policy divergence with the Fed pressures CNY, favoring gradual weakness trades. – vtmarketsmy.com
Written on February 24, 2026 at 7:11 am
Categories: Live Updates
China’s central bank held February loan prime rates steady, keeping the one-year rate at 3.00% and the five-year rate at 3.50%
China’s central bank held key rates at 3.00% and 3.50%, disappointing cut hopes. AUD/USD and China stocks face upside limits, keeping markets range-bound. Traders may favor low-volatility, premium-selling strategies. – vtmarketsmy.com
Written on February 24, 2026 at 7:11 am
Categories: Live Updates
China’s central bank holds interest rate at 3%, keeping its monetary policy stance unchanged
China’s central bank kept rates at 3% to boost slowing growth. That’s pressuring the yuan, potentially lifting Chinese stocks, and fueling demand for metals like copper and iron ore. – vtmarketsmy.com
Written on February 24, 2026 at 7:10 am
Categories: Live Updates
Safe-haven buying keeps XAG/USD near $87.50, with a potential rebound as trade uncertainty and geopolitical tensions rise
Silver dips to $87.50, but tariff and Middle East headlines could spark big swings. Section 232 plans, shaky trade talks, and rising futures activity point to surging volatility ahead. – vtmarketsmy.com
Written on February 24, 2026 at 7:10 am
Categories: Live Updates
RBA chief economist Michael Plumb says forecasts will keep prioritising quarterly CPI inflation over other data
RBA’s Plumb says quarterly CPI stays the key inflation guide, with monthly data a supporting check. Markets may swing most in late April 2026 CPI, as cooling prices hint rate cuts and AUD weakness. – vtmarketsmy.com
Written on February 24, 2026 at 6:12 am
Categories: Live Updates
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