The Latest Breaking News from PBOC

The S&P 500 Index ($SPX ) (SPY ) today is up +1.00%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.53%. US stocks today are trading higher as companies recover from last Friday’s major IT...

The dollar index (DXY00 ) today is little changed. The dollar is holding its own despite bearish factors that include US political uncertainty, slightly lower T-note yields, and higher stocks. The 10-year T-note yield today is down -2.1 bp at 4.217%, which undercut the dollar’s interest rate differentials. US political...

The S&P 500 Index ($SPX ) (SPY ) today is up +1.01%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.57%. US stocks today are trading higher as companies recover from last Friday’s major IT...

Shenzhen Component Index closed down 0.47%

Although the government is pacing the sale of its 1 trillion yuan of special debt, the central bank has instruments at its disposal to ward off any market shock

China’s central bank lowered the currency’s daily reference rate against the dollar for the seventh straight trading day

With tourists struggling to access the two primary digital payment apps, Alipay and WeChat pay, Beijing has put measures in place to make cash payments easier

China's PBOC launches billion tech re-lending program to boost innovation and support tech firms, driving economic growth.

PBOC promotes Tao Ling, a veteran official, as its fifth deputy

Further reducing the RRR would channel more money into the financial system to fuel economic growth

PBOC indicates readiness to cut bank reserves ratio to support China's economic growth amidst challenges.