People's Bank of China held benchmark lending rates unchanged on Wednesday.
Following the PBOC meeting, a Chinese central bank official said that the Chinese central bank would pay more attention to movements in the Yuan exchange rate versus a basket of currencies. The official added that China's monetary policy has considerable capacity to adapt to unforeseen challenges and changes.
Additionally, Japan’s Balance of Trade for August came in at ¥-930.5B, worse than the expectation of ¥-659.1B. Meanwhile, Exports came in at -0.8% YoY versus -0.3% prior, better than expected at -1.7%. Imports improved to -17.8% from -13.6%, beating the estimation of -19.4%.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian Stock Market: Trades lower amid the cautious mood, all eyes on Fed rate decisionAsian stock markets edge lower on Tuesday amid the cautious mood in the market ahead of the Fed interest rate decision. announcement. Investors are co
Source: FXStreetNews - 🏆 14. / 72 Read more »
Stock market today: Asian shares weaker ahead of Federal Reserve interest rate decisionAsian shares are mostly weaker in cautious trading ahead of the Federal Reserve’s looming decision on interest rates. Oil prices rose Tuesday.
Source: AP - 🏆 728. / 51 Read more »
Asian Stock Market: Investor caution exerts pressure on regional markets, central banks decisions eyedChinese index trade higher despite the gloomy situation surrounding the Evergrande Group. While other regional stock markets trade lower as investors
Source: FXStreetNews - 🏆 14. / 72 Read more »
Stock Market Today: Dow ends lower as Treasury yields jump ahead of Fed decision By Investing.comStock Market Today: Dow ends lower as Treasury yields jump ahead of Fed decision
Source: Investingcom - 🏆 450. / 53 Read more »
Pivotal Week Lies Ahead for the Stock Market With the Fed on DeckMarket Overview Analysis by Michael Kramer covering: Nasdaq 100, S&P 500, KB Home, Salesforce Inc. Read Michael Kramer's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »