USD/CNY fix projection: 6.3142 - Nomura

Analysts at Nomura offered their model's projection for today's USD/CNY fix.

Key Quotes:

"Our model1 projects the fix to be 63 pips lower than the previous fix (6.3142 from 6.3205) and 20 pips lower than the previous official spot USD/CNY close of 6.3162. The basket implied change is 24 pips lower than the previous official spot USD/CNY close (6.3138 from 6.3162)."

Mar 15, 2018

Republican leadership sounds the alarm as Democrats claim victory in Pennsylvania - Reuters

As reported by Reuters, Republicans are sounding the alarm amidst a close race for the Pennsylvania congressional election. Key highlights: Nation

Australia inflation expectations rise in March while pay growth expectations declined

Australia expected inflation rate as represented by the Melbourne Institute Survey of Consumer Inflationary Expectations, increased by 0.1 percentage