StockNow
Log in
Global Economy

PBoC is expected to set USD/CNY mid-point at 6.7452 (prev. 6.7873)

StockNow breaking-news AI analysis

PBoC is guiding a gradual yuan appreciation at 6.7452, but remains cautious of rapid gains that could harm exports, consistently fixing levels weaker than market expectations to maintain stability.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more
Politics

China's unveils measures to boost consumption in counties, according to Bloomberg

Politics

US President Trump posts image of Kim Jong Un saying 'hey Donald, we cool...right?"

U.S. Markets

Tesla (TSLA) readies August launch of Cybercab, its Robotaxi without a steering wheel, The Information reports

TSLA