On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8195 compared to the previous day’s fix of 6.8171 and 6.7913 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price…
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Here is what you need to know for Wednesday, June 24:The US Dollar Index (DXY) surged to a one-year high near 101.40 on Tuesday as investors digested the latest S&P Global US Purchasing Managers Index (PMI), which showed business activity remained resilient. The Manufacturing PMI rose to 55.7 in June, its highest level since May 2022. The ADP Employment Change 4-Week Average improved to 30.75K, supporting the view that the US labor market remains firm…
EXCLUSIVE — Former New York Gov. Andrew Cuomo is taking aim at both legacy financial…
Scotiabank strategists Shaun Osborne and Eric Theoret report the Japanese Yen (JPY) is slightly firmer,…
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Beirut has been inhabited for over 5,000 years, making it one of the oldest cities on the planet. And, much like any other ancient city, it has been shaped by years of trade, complex domestic and foreign conflicts, and colonialism.But one of the city’s highest points came following World War…
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New research by the Office of Health Policy shows the U.S. shoulders a disproportionate cost when it comes to paying for prescription medication. The report, obtained by FOX Business, shows Americans account for nearly 80% of the innovative revenue for drugs launched between 2020 and 2025. The report also shows…
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The couple changed into more formal attire for a red-carpet event in Berlin, complementing each other in black looks.Holland’s suit from Celine included a double-breasted jacket, wide trousers, and a red button-down and tie, a fun “Spider-Man” twist on a classic look.Zendaya, meanwhile, arrived in a custom Louis Vuitton leather…
