PBOC sets USD/CNY reference rate at 7.1300 vs. 7.1342 previous

Source Fxstreet

The People’s Bank of China (PBOC) set the USD/CNY central rate on Thursday at 7.1300, as against the previous day's fix of 7.1342 and 7.2730 Reuters estimates.

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Gold Price Forecast: Why Are Gold Prices Still Falling as the Fed Pauses Rate Hikes? September PCE May Determine DirectionOn Thursday (October 29), gold prices (XAUUSD) continued to pull back after the Federal Reserve announced its latest interest rate decision. As of the Asian session on October 29, gold pr
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Microsoft passed the free-cash-flow test. Alphabet failed it by $9 billion — and Amazon is nextMicrosoft's Azure grew 48% and free cash flow came in at $18.6 billion; Alphabet's cloud grew 103% but free cash flow was negative $9.07 billion and the stock fell about 9.3% after hours. The AI capex test from October 26 now has a scorecard: Microsoft is the cushion, Alphabet is the warning, and Amazon reports tonight.
Author  Irene Q.
14 hours ago
Microsoft's Azure grew 48% and free cash flow came in at $18.6 billion; Alphabet's cloud grew 103% but free cash flow was negative $9.07 billion and the stock fell about 9.3% after hours. The AI capex test from October 26 now has a scorecard: Microsoft is the cushion, Alphabet is the warning, and Amazon reports tonight.
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The Fed held at 3.75%–4.00% — and two officials voted to hike. December is now 85% pricedThe FOMC held by a 10–2 vote, with Governor Cook and Cleveland Fed President Hammack dissenting for a 25bp hike. Chair Warsh offered no forward guidance and no dot plot, the 2-year yield fell 8bp to 4.70%, and the dollar slipped to 101.84 even as markets moved December hike odds to 85%–87%. Tonight's Q3 GDP and September core PCE are the next referee.
Author  Irene Q.
15 hours ago
The FOMC held by a 10–2 vote, with Governor Cook and Cleveland Fed President Hammack dissenting for a 25bp hike. Chair Warsh offered no forward guidance and no dot plot, the 2-year yield fell 8bp to 4.70%, and the dollar slipped to 101.84 even as markets moved December hike odds to 85%–87%. Tonight's Q3 GDP and September core PCE are the next referee.
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Author  Mitrade
16 hours ago
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 29, 2026. Read on for the details.
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Author  TradingKey
16 hours ago
On October 28, Eastern Time, the three major U.S. stock indices closed slightly higher across the board. The Federal Reserve announced it would keep interest rates u
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