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About: anakin
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The PBOC established a USD/CNY reference rate of 7.2008, below the estimated 7.2518
PBOC manages yuan’s exchange rate; recent operations led to a 682 billion yuan net liquidity drain.
In April, the change in Spain’s unemployment recorded a decrease of 67.42K, underperforming expectations
Spain’s unemployment fell by 67.42K in April, surpassing expectations and indicating stronger job market improvement.
The PBOC will likely set the USD/CNY reference rate at 7.2518, according to Reuters
The PBOC sets a daily midpoint for yuan trading, guiding its movement within a controlled 2% band.
In April, Spain’s unemployment change decreased to -67.4K, a drop from -13.311K
Spain’s unemployment improved in April with a -67.4K change, reflecting fewer individuals becoming unemployed.
The frequency of “recession” in S&P 500 earnings calls has reached its peak since 2023
Mentions of recession surge in earnings calls amid strong earnings, inflation worries, and tariff-related uncertainties.
