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27 Sep 2023

PBOC Adviser: China expects 2023 economic growth of slightly more than 5.0%

Wang Yiming, a member of the Monetary Policy Committee of the People's Bank of China (PBOC), told an Economic Forum on Wednesday, “China's economic situation is very different from that of Japan in the 1990s and there is no basis for the feared ‘Japanification’.”

"There is no Japanification in China, we are still in the medium-to-high growth stage," Wang added.

  • USD/CNH sticks to modest gain near 7.3100 amid the Fed’s hawkish stance

 

Sep 27, 2023

Euro remains under pressure and revisits 1.0550, new six-month lows

The Euro (EUR) experiences an increasing bearish sentiment against the US Dollar (USD), prompting the EUR/USD to decline and reach fresh six-month low
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Sep 27, 2023

EUR/GBP may struggle to hold on to recent gains – ING

Sterling continues to lose ground. Economists at ING analyze GBP outlook. Flagging downside risks to the 1.2000 area in Cable In the UK, the economic
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