PBOC is unlikely to lower interest rates or RRR – China Press

The People's Bank of China is unlikely to lower interest rates or the Reserve Requirement Ration (RRR), China’s state media reported on Tuesday.

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Aug 9, 2022

AUD/USD slides towards 0.6950 despite firmer Aussie NAB data, US inflation eyed

AUD/USD holds remains depressed at around 0.6980, fading the bounce off intraday low near 0.6970, amid mixed Aussie data and sluggish markets during T

Fed could approve 100 bps rate hike after jobs shocker – Citibank

Citigroup strategists led by Andrew Hollenhorst said in their latest client note, doors are open for a full percentage point rate hike after the US No