The People's Bank of China (PBOC) has set the Yuan reference rate at 6.8818 vs Monday's fix of 6.8759.
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The China stock market turned lower again on Monday, one session after it had ended the three-day losing streak in which it had retreated more than 40 points or 1.3 percent. The Shanghai Composite Index now rests just above the 2,885-point plateau although it's expected to bounce higher again on Tuesday.
The global forecast for the Asian markets suggests mil...
The South China Morning Post with the overnight report on what they say is a "likely" visit.
US trade war negotiators likely to visit China next week
for first face-to-face talk since G20
Robert Lighthizer and Treasury Secretary Steven Mnuchin are set to meet Vice-Premier Liu He
SCMPP cite an unnamed source. It wasn't me …. I didn't think it'd be until ea...
Mass protests occurred over the weekend in Hong Kong. The public was forewarned of the protests through social media as locals were advised to stay clear of protestors. Overall, China was pleased with the handling of the protestors by local authorities. The Foreign Ministry said local authorities should use all necessary measures to “safeguard the rule...
CME Group’s advanced data for JPY futures markets noted investors trimmed their open interest positions by around 2.1K contracts on Friday, reversing three consecutive daily builds at the same time. In the same direction, volume shrunk by more than 21K contracts, extending the choppy activity.
USD/JPY now targets 108.00 and beyond
USD/JPY is expected to rema...
Abe's election victory all but seals the deal for a October sales tax hike
Government will take necessary steps to stave off downside risks to the economy
Will continue to make the economy as a top priority in policy management
Despite their readiness and having a previous case back in 2014 as a precedent, can they really offset pressure on the economy fro...
The Japanese stock market opened lower on Monday following the negative cues from Wall Street Friday amid toned down expectations of an aggressive interest rate cut by the Federal Reserve later this month and on worries about rising tensions in the Middle East. However, the market has pared early lo...
South Korean Trade Ministry Director crossed the wires in early trades, urging Japan to hold talks to discuss export control system.
Expresses regret over repeated claims in Japan that are different from the truth.
We have yet to receive a response from Japan regarding our request...
The Hong Kong stock market has tracked lower in back-to-back sessions, surrendering more than 150 points or 0.6 percent along the way. The Hang Seng Index now rests just above the 28,460-point plateau although it may regain its footing on Friday.
The global forecast for the Asian markets is mildly p...
I posted on Fed speakers to coming up Friday, but I shouldn't leave out Governor Kuroda!
The Bank of Japan head participates in the "Central Bank Independence" panel in New York on Friday at 2030 GMT
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Overall nationwide consumer prices were up 0.7 percent on year in June, the Ministry of Internal Affairs and Communications said on Friday - unchanged and in line with expectations.
Core consumer prices, which excludes food prices, rose an annual 0.6 percent - again matching forecasts and down from 0.8 percent in the previous month.
Individually, prices were...
The South Korea stock market has finished lower in two straight sessions, sliding almost 25 points or 1.2 percent along the way. The KOSPI now rests just above the 2,065-point plateau although it may stop the bleeding on Friday.
The global forecast for the Asian markets is mildly positive on an improved outlook for interest rates. The European markets were d...
Tokyo inflation data for June … Tokyo CPI data is available earlier than the National CPI for the month
Tokyo CPI 0.7% y/y
expected 0.7%, prior was 0.7%
Tokyo CPI excluding Fresh Food 0.6% y/y
expected 0.6%, prior was 0.8%
Tokyo CPI excluding Food, Energy 0.5% y/y
expected 0.5%, prior was 0.5%
A bit of a mix up for some - results varied depending on wh...
Analysts at Standard Chartered suggest that China’s 2019 budget envisages a widening of the deficit to 2.8% of GDP from 2.6% in 2018 and thinks that the official number substantially understates the degree of fiscal expansion.
“Our estimate, which consolidates the general public and government funds budget and adopts widely accepted fiscal account...
Japan will on Friday release June numbers for nationwide consumer prices, highlighting a light day for Asia-Pacific economic activity.
Overall inflation is expected to hold steady at 0.7 percent on year, while core CPI is expected to slow to 0.6 percent from 0.8 percent in May.
Japan also will see May numbers for its all industry activity index, with forecas...