China's central bank changes Yuan's reference rate

Note: This section contains information in English only.
Source: Bloomberg

The People's Bank of China changed Yuan's reference rate. It appreciated by 0.04% to two-week high of CNY 6.3140 per USD on Wednesday, July 18. China's central bank decision took place after Ben S. Bernanke mentioned possible monetary easing in the USA. Non-deliverable one-year forwards gained 0.04% to CNY 6.4123 per USD. Moreover, contracts' trading rate was CNY 6.4150 this morning, July 18, in Hong Kong.

Back to articles

Actual Topics

Wed, 18 Jul 2012 14:29:16 GMT

China's home prices jumped

According to China's statistics bureau, new home prices increased in 25 cities out of the 70 that the government looks at in June. The biggest increase was noticed in Hangzhou, where prices rocketed 0.6 per cent, while major cities like Beijing and Shanghai recorder 0.3 increase.  Despite the fact, that new home prices rose in June, China's home sales increased 41 per cent from

Wed, 18 Jul 2012 15:15:16 GMT

Demand for construction services improves in the USA

The latest US readings published by the American Institute of Architects (AIA) on Wednesday, July 18, indicated improvement in construction activity in June. The changes are determined by architects' billing index (ABI) that shows the demand for construction services. Thus ABI gained 0.1% in June and stopped at 45.9. However, reading below 50 implies declined demand for such works. Although, the architects' service inquiries, not all

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.