Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.
PBOC sets USD/CNY reference rate at 7.1091 vs. 7.1102 previous
Source Fxstreet
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1091, as against the previous day's fix of 7.1102 and 7.2367 Reuters estimates.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Binance Narrowly Intercepts $3 Billion; BNB Makes Strong V-Shaped Rebound Past $700, Targeting $800 in the Short Term.On October 30, impacted by a black swan event of a hacker attack, Bin
US Q3 GDP rose 3.4%, above the 3.1% estimate, while September headline PCE hit 3.6% and core held at 3.1%. December hike odds are near 90%; inventories, AI capex and energy explain why.
Nasdaq-100 futures fell 500 points after Alphabet -12.6%, Amazon -8% and Intel -23%. Capex is not the problem: Amazon's holiday guide and Intel's weak Q4 guidance show demand is.
On October 30, gold (XAUUSD) and Bitcoin (BTC) continued to face pressure. U.S. September PCE inflation data showed year-over-year increases in both headline and core inflation. Coupled w