PBoC sets USD/CNY reference rate at 7.0996 vs. 7.1004 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Monday at 7.0996 as compared to the previous day's fix of 7.1004 and 7.2267 Reuters estimates.

Mar 25, 2024

Fed's Bostic now anticipates just one rate cut this year

Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic said on Friday that he expected just one interest rate cut this year instead of the two rate cuts he had forecast, citing persistent inflation and stronger-than-anticipated economic data.

ASX 200 extends gains to near 7,810, following higher miners and energy stocks

The ASX 200 Index continues its winning streak that began on March 15, trading higher around 7,810, up by 0.45%, by the press time on Monday.