Australia Wage Price Index (YoY) came in at 4.1%, below expectations (4.2%) in 1Q

May 15, 2024

PBoC sets USD/CNY reference rate at 7.1049 vs 7.1053 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1049 as compared to the previous day's fix of 7.1053 and 7.2279 Reuters estimates.

PBoC keeps Medium-term Lending Facility (MLF) rate unchanged at 2.5%

The People’s Bank of China (PBOC), China's central bank kept the one-year Medium-term Lending Facility (MLF) rate steady at 2.50% on Wednesday.