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PBOC sets Yuan reference rate at 6.8856

The People's Bank of China (PBOC) has set the Yuan reference rate at 6.8856 vs Tuesday's fix at 6.8853.

BNP Paribas: Fed to cut rates twice this year

Analysts at BNP Paribas expect the US Federal Reserve (Fed) to deliver two 25 basis point rate cuts this year and a single 25 basis point rate cut in
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US-China officials conducted a call on trade talks, exchanged views on G20 meeting outcome

Reuters reports a statement, citing that the US-China officials conducted a call on trade talks. Key Details: China’s Vice Premier Liu He conducted a
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