PBOC sets USD/CNY reference rate at 7.1891 vs. 7.1886 previous

On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1891 as compared to the previous day's fix of 7.1886 and 7.3138 Reuters estimates.

Jan 10, 2025

WTI holds steady above $73.50 amid stronger US Dollar, potential supply disruptions

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $73.65 on Friday.

Japan’s Akazawa: 'Critical stage' in eradicating the public's deflationary mindset

Japan economy minister Ryosei Akazawa said on Friday that Japan’s economy is at a 'critical stage' in eradicating the public's deflationary mindset.