PBOC fixes USD/CNY rate at 6.7811, above 6.7208 estimate
The PBOC set the USD/CNY reference rate at 6.7811, higher than the estimated 6.7208. It also injected 353bn yuan via reverse repos.
28/08/2026 07:251 min read
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Beijing ramps up infrastructure drive, pushes private investment
Beijing is pushing infrastructure and private investment, focusing on six-network construction, while MOFCOM sees service-trade tailwinds in H2.
28/08/2026 07:2519 min read
Strong inflation and growth point to more RBNZ tightening, BNZ warns
BNZ expects the RBNZ to hike 25bp in September and signal further tightening as inflation and growth stay strong.
28/08/2026 07:2413 min read
Morgan Stanley Sees Warsh Steering Clear of Rate Guidance at Jackson Hole
Morgan Stanley predicts Fed Chair Kevin Warsh will not provide short-term interest rate guidance in his Jackson Hole speech, instead focusing on long-term…
28/08/2026 07:2415 min read
BofA expects month-end flows to give dollar only slight support
BofA's model sees month-end rebalancing flows as mildly supportive for the dollar, with minor outflows expected in EUR/USD and GBP/USD.
28/08/2026 07:245 min read
Yen weakness shadows G20 as Katayama, Ueda head to Asheville talks
Yen slide towards 160 keeps markets alert for G20 signals on possible joint intervention by Japan and US.
28/08/2026 07:2216 min read
Asia markets trade narrowly ahead of Warsh speech
Asian markets traded narrowly, with Tokyo CPI beating forecasts and oil slipping, as investors await Fed Chair Warsh's speech.
28/08/2026 07:2212 min read
Heavy disruption of Strait of Hormuz shipping continues
Only seven vessels transited the Strait of Hormuz, down from 17, as disruption continues with no end in sight to the US-Iran standoff.
28/08/2026 07:225 min read
Credit Agricole sees light dollar selling for month-end
Credit Agricole's month-end rebalancing model suggests light dollar selling, contrasting with BofA's view of mild dollar support.
28/08/2026 07:218 min read
Option expiries for August 28: EUR/USD at 1.1650, USD/CHF at 0.8000
Key FX option expiries on August 28 include EUR/USD at 1.1650 and USD/CHF at 0.8000, with focus on Fed Chair Warsh's speech.
28/08/2026 07:215 min read