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People's Bank of China (PBoC) news

The People's Bank of China (PBoC) is the central bank of the People's Republic of China. It is responsible for monetary policy and financial regulation in China. The PBoC's primary functions include maintaining currency stability and promoting economic growth, utilizing various tools to manage the money supply and credit conditions.

Week Ahead - Happy Holidays!
US Thin trading conditions could persist as much of Wall Street will be taking off this week. While trading volumes might be lower it will be a week filled with lots of economic readings.  There will be no earnings and no Fed speak. On Monday, US markets will be closed to observe the Christmas holiday.  Tuesday contains several economic releases that are expected to show the economy is weakening.  Wholesale inventories in November are expected to increase at a slower pace, both the October
23-12-2022 12:05 GMT by Edward Moya
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Week Ahead - The calm before the storm
US After a hotter-than-expected NFP report, investors will fixate on producer prices, inflation expectations, and retail earnings. It will be a busy week filled with a wide range of economic releases, but the big ones, PPI and University of Michigan sentiment are released at the end of the week.  Producer prices are expected to cool again, while the consumers’ current conditions and expectations should soften.     Wall Street is looking for clearer signals that the labor market is softening an
02-12-2022 12:27 GMT by Craig Erlam
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