North Korea is said to be preparing for a rocket test launch

Reuters posted the reports coming out after viewing the satellite imagery that showed that North Korea is preparing for a test of a rocket engine at one of its sites.

No further details have been provided.

PBOC sets USD/CNY at 6.4915 vs 6.5043

PBOC sets USD/CNY at 6.4915 vs 6.5043
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PBOC drains a net CNY 510 billion in OMOs this week

On Friday, the PBOC set the Yuan reference rate against the US dollar once again higher after yesterday’s lower fix. Meanwhile, the PBOC skipped open
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