PBOC sets USD/CNY reference rate at 7.1325 vs. 7.1415 previous

On Tuesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at , as against the previous day's fix of 7.1415 and 7.1317 Reuters estimates.

Aug 20, 2024

China PBoC Interest Rate Decision meets expectations (3.35%)

WTI drops to nearly two-week low amid optimism over Gaza ceasefire talks

West Texas Intermediate (WTI) US crude Oil prices drift lower for the third straight day on Tuesday – also marking the fifth day of a decline in the previous six – and drop to a nearly two-week low during the Asian session.