PBOC sets yuan midpoint at more than 4-yr low for 3rd day

FXStreet (Mumbai) - On Friday, the Chinese central bank, PBOC, sets USD/CNY reference rate at 6.4358, 0.20% weaker than 6.4236 Thursday’s close. The yuan has hit three-month lows each day this week in intraday trading.

Dec 11, 2015

Shenzhen-Hong Kong Stock Connect is ready to roll out soon - MNI

As reported by China Securities Journal via MNI, the Shenzhen-Hong Kong Stock Connect is ready and could be rolled out after checks by the relevant departments of the central government, Hong Kong Financial Secretary John Tsang Chun-wah said during a visit to Beijing.

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Dec 11, 2015

EUR/USD rejected at 1.0950, drops to key support

EUR/USD extends its overnight consolidative mode into the Asian session, with renewed selling interest witnessed in last hours, taking the price lower to test NY lows reached at 1.0925.

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