Topic

CNY

A collection of 285 issues

CNY Bank Holiday, Jan 30, 2025

CNY Bank Holiday: Navigating the Spring Festival's Impact on Forex Markets (Updated January 30, 2025) Breaking News: As of January 30th, 2025, the Chinese Spring Festival bank holiday is officially underway. This means that Chinese banks are closed, impacting the liquidity and volatility of the Chinese Yuan (CNY) and broader

CNY Bank Holiday, Jan 29, 2025

CNY Bank Holiday: Navigating the Spring Festival's Impact on Forex Markets (Updated Jan 29, 2025) Breaking News: As of January 29th, 2025, Chinese banks are officially closed in observance of the Spring Festival (Lunar New Year). This bank holiday will significantly impact the Chinese Yuan (CNY) and broader foreign exchange

CNY Bank Holiday, Jan 28, 2025

CNY Bank Holiday: Navigating Volatility During the Spring Festival (Updated Jan 28, 2025) Breaking News: January 28th, 2025 – CNY Bank Holiday Confirmed As anticipated, China has officially confirmed a bank holiday for the Spring Festival, commencing on January 28th, 2025. This closure significantly impacts the foreign exchange (forex) market, specifically

CNY CB Leading Index m/m, Jan 27, 2025

CB Leading Index m/m: January 2025 Data Shows Continued Stagnation Headline: The Conference Board's (CB) Leading Economic Index for China (CNY) registered a -0.1% month-on-month change for January 2025, mirroring the previous month's result and aligning with market expectations. This latest data, released on January 27th, 2025, suggests

CNY Non-Manufacturing PMI, Jan 27, 2025

China's Non-Manufacturing PMI Dips Below Expectations: Implications for the CNY and Global Markets Headline: China's Non-Manufacturing Purchasing Managers' Index (PMI) registered 50.2 on January 27th, 2025, falling short of the forecasted 52.1 and marking a decline from the previous month's 52.2. This signals a moderation in the

CNY Manufacturing PMI, Jan 27, 2025

China Manufacturing PMI Plunges: What it Means for the Global Economy Headline: China's Manufacturing Purchasing Managers' Index (PMI), released on January 27th, 2025, unexpectedly fell to 49.1, signaling a contraction in the manufacturing sector and sending ripples through global markets. This marks a significant drop from the previous month's

CNY 5-y Loan Prime Rate, Jan 20, 2025

5-Year Loan Prime Rate (LPR) Holds Steady at 3.60% – Implications for the CNY On January 20, 2025, the People's Bank of China (PBOC) announced the 5-Year Loan Prime Rate (LPR) remained unchanged at 3.60%. This figure aligns perfectly with the forecast, maintaining a status quo that carries both

CNY 1-y Loan Prime Rate, Jan 20, 2025

1-Year Loan Prime Rate (LPR) Holds Steady at 3.10% – Implications for the CNY Headline: The People's Bank of China (PBoC) announced on January 20, 2025, that the 1-year Loan Prime Rate (LPR) remained unchanged at 3.10%, aligning perfectly with market forecasts. This holds significant implications for the Chinese

CNY Retail Sales y/y, Jan 17, 2025

China's Retail Sales Surge: January 2025 Data Exceeds Expectations Headline: China's retail sales experienced a significant year-on-year growth of 3.7% in January 2025, surpassing analysts' forecasts and signaling a robust recovery in consumer spending. This positive data, released by the National Bureau of Statistics of China (NBS) on January

CNY Industrial Production y/y, Jan 17, 2025

China's Industrial Production Surges: A 6.2% YoY Jump Signals Economic Strength Headline: On January 17th, 2025, the National Bureau of Statistics of China released its latest industrial production figures, revealing a significant year-over-year (YoY) growth of 6.2%. This surpasses the previously forecasted 5.4% and the previous month's