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Tuesday, June 25, 2024

Asia Market Movers: China Premier Li says confident and capable to achieve growth target of around 5%

China Premier Li says confident and capable to achieve growth target of around 5%

China Premier Li: We are confident and capable to achieve the full year growth target of around 5%. China Premier Li: Electric vehicles, lithium batteries produced by Chinese companies have not only m... 

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Goldman expects USD upside under a Republican victory

Heading into the Trump/Biden debate this week, Goldman was out with a useful note on their expectations for a Republican victory. USD: Upside bias under a Republican victory Tariff Policies : Trump ha... 

Japan chief cabinet sec doesn't comment on FX levels

Japan Chief Cabinet Secretary Hayashi: Won't comment on forex levels. Japan Chief Cabinet Secretary Hayashi: Important for currencies to move in stable manner reflecting fundamentals. Japan Chief Cabi... 

PBoC injects 300 billion yuan via 7-day reverse repose

PBoC injects 300 billion Yuan via 7-day reverse repos Sets 7-day reverse repo rate at 1.8% vs 1.8% prior... 

USDCNH pops higher after weakest PBoC mid-point fix since Nov 2023

USDCNY has seen immediate upside following the weakest mid-point setting by the PBoC since November last year. We still have some ways to go before we get to 7.36-37 (which was the previous line in th... 

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FX option expiries for 24 June 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . The first ones are for EUR/USD at 1.0690-00 and that is likely to keep price action more contained in the session ahead. There i... 

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