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PBOC Set to Fix USD/CNY Midpoint at 6.7685 in Daily Reference Rate

The People’s Bank of China’s daily yuan fixing influences onshore trading within a 2% band, signaling policy intent amid market pressures. The People’s Bank of China is poised to set the USD/CNY reference rate at 6.7685, a key benchmark for the yuan’s daily trading range.

  • mohammad501ps@gmail.com
  • May 29, 2026
  • forex

PBOC Set to Fix USD/CNY Midpoint at 6.7685 in Daily Reference Rate

The People’s Bank of China’s daily yuan fixing influences onshore trading within a 2% band, signaling policy intent amid market pressures. The People’s Bank of China is poised to set the USD/CNY reference rate at 6.7685, a key benchmark for the yuan’s daily trading range.

  • mohammad501ps@gmail.com
  • May 29, 2026
  • forex

PBOC Set to Fix USD/CNY Midpoint at 6.7685 in Daily Reference Rate

The People’s Bank of China’s daily yuan fixing is closely watched as a policy signal amid managed exchange rate controls. The People’s Bank of China is expected to set its daily USD/CNY reference rate at 6.7685, a key benchmark for the yuan’s trading band. The midpoint, de

  • mohammad501ps@gmail.com
  • May 29, 2026
  • stocks

NUAI Jumps 12% After Settling New Mexico Legal Dispute

New Era Energy & Digital secures dismissal from a state lawsuit, removing a key overhang for the stock. New Era Energy & Digital (NUAI) shares surged 12% in post-market trading after announcing a pending settlement agreement with New Mexico. The deal would result in the co

  • mohammad501ps@gmail.com
  • May 29, 2026
  • Uncategorized

Tokyo Core Inflation Slows to 1.3% in May, Undermining BOJ Hike Bets

May’s Tokyo core CPI rose 1.3% year-on-year, missing forecasts and extending a six-month deceleration ahead of the BOJ’s June meeting. Tokyo’s core consumer price index rose 1.3% year-on-year in May, below the 1.5% forecast and marking a sixth consecutive month of slowing

  • mohammad501ps@gmail.com
  • May 29, 2026
  • central_banks

Tokyo Core Inflation Slows to 1.3% in May, Undermining BOJ Hike Bets

May’s Tokyo core CPI rose 1.3% year-on-year, missing forecasts and extending a six-month deceleration ahead of the BOJ’s June meeting. Tokyo’s core consumer price index rose 1.3% year-on-year in May, below the 1.5% forecast and marking a sixth consecutive month of slowing

  • mohammad501ps@gmail.com
  • May 29, 2026
  • central_banks

Tokyo Core Inflation Slows to 1.3% in May, Undermining BOJ Hike Bets

May’s Tokyo core CPI rose 1.3% year-on-year, missing forecasts and extending a six-month deceleration ahead of the BOJ’s June meeting. Tokyo’s core consumer price index rose 1.3% year-on-year in May, below the 1.5% forecast and marking a sixth consecutive month of slowing

  • mohammad501ps@gmail.com
  • May 29, 2026
  • crypto

Trump Administration Drafts First US National Crypto Roadmap, CFTC Chair Says

CFTC Chair Mike Selig reveals plans for a federal crypto strategy to protect private asset rights and expand market frameworks. The Trump administration is developing the first national crypto roadmap, according to CFTC Chair Mike Selig. The initiative aims to establish a

  • mohammad501ps@gmail.com
  • May 29, 2026
  • stocks

Worthington Steel Secures $1.4B for Klöeckner Buyout Funding

The metals producer raised $700M each in junk bonds and leveraged loans to finance its acquisition of Germany’s Klöeckner & Co. Worthington Steel has obtained $1.4 billion in leveraged financing to support its purchase of German metals distributor Klöeckner & Co. The fundi

  • mohammad501ps@gmail.com
  • May 29, 2026
  • stocks

Worthington Steel Secures $1.4B for Klöeckner Buyout Funding

The metals producer raised $700M each in junk bonds and leveraged loans to finance its acquisition of Germany’s Klöeckner & Co. Worthington Steel has obtained $1.4 billion in leveraged financing to support its purchase of German metals distributor Klöeckner & Co. The fundi

  • mohammad501ps@gmail.com
  • May 29, 2026
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