Bank-of-china News Report

Week Ahead for FX, Bonds: All Eyes on Trump's Inauguration, Policy Announcements

Currency and bond investors will be eagerly awaiting the inauguration of President-elect Donald Trump on Monday for cues on the direction of U. S. policy, with executive orders potentially spelling bi...

01.20.2025 Yahoo.com and 4 sites

15.7K times read

$10.8K advertising value reached

Dollar drops, bitcoin hits all-time high before Trump inauguration

The U. S. dollar extended its fall after U. S. President-elect Donald Trump was quoted as saying he will not impose U. S. tariffs yet at his inauguration, which is set to take place later in the sessi...

01.20.2025 Dailymail.co.uk and 12 sites

9.98K times read

$3.28K advertising value reached

Federal Reserve says it will leave climate change organization

WASHINGTON, United States — The US Federal Reserve is pulling out of an international climate change initiative, it announced Friday, just days before Republican President-elect Donald Trump takes off...

01.17.2025 bloomberg.com , inquirer.net and 9 sites

8.83K times read

$2.5K advertising value reached

From GDP to trade, how well equipped is China’s economy for Trump 2.0?

When Donald Trump enters the White House for the second time on 20 January, the view from the Oval Office will look very different to the one he encountered in 2017. A pandemic, the war in Ukraine and...

01.19.2025 Theguardian.com and 1 sites

8.33K times read

$2.47K advertising value reached

Analysis-Markets are betting China will let yuan fall as Trump takes power, but not much

Financial markets are betting China will not use the yuan as a policy tool to offset expected U. S. tariffs in a second Donald Trump presidency, based on a view that sharp depreciation like that seen in his first term will be more harmful than helpful to the struggling economy. From the pricing of yuan forwards (CNYFWD=) to interest rate derivatives and analysts' forecasts, indications are that China is already permitting a slow depreciation of the yuan to adjust to a broadly stronger dollar as ...

01.17.2025 Yahoo.com and 3 sites

7.93K times read

$20.5K advertising value reached

Yuan on track to snap 4-week losing streak after GDP surprise

HONG KONG: The yuan strengthened against the dollar on Friday and looked set for its first weekly gain in over a month, after a slew of data showed China’s economy ended 2024 on better footing than ex...

01.17.2025 Dailymail.co.uk and 2 sites

7.49K times read

$1.94K advertising value reached

China to name Zou Lan as central bank deputy governor, sources say

Zou Lan, head of the monetary policy department at the People's Bank of China, will be promoted to deputy governor of the central bank, two sources with knowledge of the matter said. The appointment w...

01.20.2025 Dailymail.co.uk and 2 sites

7.39K times read

$1.91K advertising value reached

China's yuan rises to over two-week high on positive US-China talk, better economic data

China's yuan rose on Monday to its highest against the dollar since Jan. 3 buoyed by a friendly call between U. S. President-elect Donald Trump and Chinese President Xi Jinping on Friday and better-th...

01.20.2025 Dailymail.co.uk and 2 sites

7.31K times read

$1.94K advertising value reached

China's central bank says it is confident it can keep...

BEIJING/SHANGHAI, Jan 17 (Reuters) - China's central bank said on Friday it is confident it can keep the yuan exchange rate 'basically stable' at a 'reasonable and balanced' level. China's economy has...

01.17.2025 Dailymail.co.uk

6.81K times read

$1.88K advertising value reached

Morning Bid: Inauguration caution cools risk-on revival

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Signs of life being breathed back into China’s economy and a strong rally on Wall Street on Friday bode well for Asian markets on Monday, although nervousness around President-el...

01.19.2025 Dailymail.co.uk and 9 sites

6.78K times read