Futures pointed to a higher open for Japanese shares. The Nikkei futures contract in Chicago was at 20,605 while its counterpart in Osaka traded at 20,650. The benchmarkStocks in Australia, however, were set to slip at the open. The SPI futures contract was at 6,437.0, which was a touch lower than theThe Chinese central bank's yuan midpoint fix is due around 9:15 a.m. HK/SIN.
sets a daily rate for the Chinese currency against the dollar, and allows the exchange rate to rise or fall 2% from that official midpoint number.The yuan broke a closely watched level of 7 against the dollar on Monday, sending markets across the globe into a frenzy and led the
The silliest thing I think I've heard today. Someone is sitting around to find out the Yuan fix tonight? Really? And tonight's fix does what? What about tomorrow nights? Or how about a month from now?