PBOC sets USD/CNY reference rate at 7.1364 vs. 7.1316 previous

On Tuesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1364, as against the previous day's fix of 7.1316 and 7.2586 Reuters estimates.

Jul 30, 2024

WTI extends its decline below $76.50 amid China demand concerns, eyes on Fed rate decision

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $76.25 on Tuesday.

PBOC sets USD/CNY reference rate at 7.1364 vs. 7.1316 previous

WTI extends its decline below $76.50 amid China demand concerns, eyes on Fed rate decision

Australia Building Permits (MoM) came in at -6.5%, below expectations (-3%) in June