MNI BRIEF: Trump Tariffs To Push China, EU Cooperation - BOC

MNI: PBOC Net Drains CNY156.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1877 Fri; -1.39% Y/Y

MNI BRIEF: China May Inject CNY1 Trln To Replenish Big Banks

MNI BRIEF: China Sees Progress On EU EV Deal

MNI: PBOC Net Drains CNY279.8 Bln via OMO Thursday

MNI JAPAN NOV TOKYO CORE CPI +2.2% Y/Y; OCT +1.8%

MNI: GERMANY NOVEMBER FLASH HICP -0.7% M/M (FCST: -0.5%)

MNI: GERMANY NOV CPI +2.2% Y/Y

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CBRC Asks For Public Help In FX Market

TWD

USD/TWD is above yesterday's trading ramge, last at 27.988 and flirting with the 28 handle.

  • Late yesterday Taiwan's central bank posted to its Facebook page and urged the public to assist in maintaining the stability of the forex market. Taiwan were recently put on the currency manipulator watchlist by the US Tsy.
  • The bank said if the public keeps selling USD dollars, leading to a weaker USD/TWD rate, which will be negative for exporters. The bank also said it would smooth the forex market.
  • CPI data was also released yesterday. The December figures printed below estimates across the board, the core Y/Y figure, the central bank's favoured measure, rose 0.69% against estimates of 0.8% and a 0.78% rise in November.
  • Looking ahead Taiwan will release December trade data at 0800GMT/1600CST. Exports are expected to have risen 10%, which would be the third consecutive month of double digit growth. Imports are expected to have risen 4.3% against 10% in November.
BulletEM BulletEmerging Market News
BulletEM BulletEmerging Market News

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.