PBOC sets Yuan reference rate at 7.0708

The People's Bank of China (PBOC) has set the Yuan reference rate at 7.0708 vs Monday's fix at 7.0725.

Oct 15, 2019

WTI struggles to justify trade/political plays

Despite US-Turkey tension and the increase in the US manufacturing gauge, WTI remains under pressure around $53.55 during early Tuesday.

Trendline support guards a 50% mean reversion of the late June swing lows to recent highs target. Bulls look for a close above the 1500 level ahead o