StubHub Reaffirms 2026 Guidance

StubHub expects $9.9B-$10.1B GMS in 2026 StubHub has reiterated its 2026 outlook, expecting gross merchandise sales of $9.9B-$10.1B. The company reported a solid start to 2026, with top line growth and increased profitability. In Q1 2026, GMS increased 7% to $2.2

China Sets Yuan Reference Rate

PBOC sets USD/CNY rate at 6.8401 The PBOC has set the USD/CNY reference rate for today at 6.8401. This rate allows the yuan to fluctuate within a +/- 2% range. Standard Chartered notes suspected Japanese FX intervention totalling around $65 billion has shif