The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. Earlier: ING turns bullish…

Yuan on the rise: — The People’s Bank of China is due to set the daily USD/CNY reference rate at…

US oil industry warns Hormuz toll plan risks global shipping cost surge and precedent. Summary: US oil industry pushing back…

RBNZ sees growth recovery if ceasefire holds, but inflation risks remain elevated. Summary: RBNZ Governor expects economic growth in 2026…

In an interview with Bloomberg former BoJ official says rate hike likely as inflation risks build despite war uncertainty. Summary:…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.…

Everyone’s talking about the cybersecurity angle on Anthropic’s Mythos Preview but there’s a test that’s even more worrisome. In one…

Statement from MB Ghalibaf: Statement on the violation of three key clauses of the 10-Point Proposal (Agreed Framework) before the…

Crude oil prices are down sharply today with the front contract trading at $94.40. That is down 16.43%. The low…

It’s not at all clear what the basis for the ceasefire is and what are the points that will lead…