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10 May 2016

PBOC sets USD/CNY at 6.5233 vs 6.5148

PBOC sets USD/CNY at 6.5233 vs 6.5148

May 10, 2016

Steel’s recent resurgence risks derailing industry reform - NAB

Analysts at NAB noted that a credit-fuelled rebound in China’s construction activity has breathed new life into the country’s beleaguered steel industry.
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May 10, 2016

Japan FinMin Aso: Japan will intervene in FX if moves one-sided

Japan Finance Minister Aso notes that Japan will intervene in fx market if moves are one-sided, Reuters reports.
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