PBoC sets USD/CNY reference rate at 7.0985 vs. 7.0943 previous

On Tuesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.0985 as compared to the previous day's fix of 7.0943 and 7.2056 Reuters estimates.

Mar 19, 2024

EUR/USD remains under pressure above the mid-1.0800s, Fed rate decision eyed

The EUR/USD pair edges lower to multi-day lows around 1.0870 on the firmer US Dollar (USD) during the early Asian session on Tuesday.

China’s Foreign Minister: Ready to work with New Zealand on upgraded version of the free trade agreement

Chinese Foreign Minister Wang Yi, during his visit to New Zealand on Tuesday, said that “China is ready to work with New Zealand to implement an upgraded version of the China-New Zealand free trade agreement.” Additional quotes Two sides should launch negotiations on negative list of service trade as soon as possible, so as to push bilateral cooperation to a new level.