China to lower dollar, euro and yen weightings in CFETS yuan basket in 2025 By Reuters
SHANGHAI (Reuters) – China will adjust the weightings of its yuan CFETS basket in 2025, the country’s foreign exchange trade platform said on Tuesday. From...
Tag : China
China Service Sector Logs Fastest Growth In 7 Months
China’s service sector grew at the fastest pace in seven months in December underpinned by greater business inflows, survey results from S&P Global showed on...
Bank of America see potential for a strong China equity rally in H2 2025
Stay Vigilant Amid Macro Uncertainties China’s equity markets rebounded in 2024, driven by domestic policy shifts, but uncertainties in global trade, supply chains, and geopolitical...
China financial media says PBoC statement sends stronger signal on stable yuan FX rate
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and...
China December Caixin Services PMI 52.2 (vs. 51.5 in November)
Activity in China’s services sector expanded at a faster pace in December, buoyed by accelerated growth in demand, Services PMI 52.2 in December 2024 Activity...
Weekend – People’s Bank of China pledged more stimulus to boost consumption
In a statement on Saturday China’s central bank, the People’s Bank of China (PBOC), announced plans to enhance financial support for technology innovation and consumption...
China Services PMI Data Due On Monday
China will on Monday see December results of the services PMI from Caixin, highlighting a light day for Asia-Pacific economic activity. In November, the PMI...
Economic calendar in Asia Monday, January 6, 2025, services PMI from China due
The item of most interest on the data calendar is the Caixin service PMI from China, for December 2024. We had the official PMIs from...
Air China tapped as prime candidate to rebound among struggling mainland carriers
Analysts are pointing to Hong Kong-traded Air China as the leading turnaround candidate among struggling Chinese airlines. China has been far slower than the U.S....
Newsquawk Week Ahead: US NFP, FOMC Minutes, ISM Services PMI, China and EZ inflation
Mon: EZ, UK & US Final Composite & Services PMIs (Dec), German Prelim. CPI (Dec), US Factory Orders (Nov) Tue: Swiss CPI (Dec), EZ Flash...