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FILTERED RESULTS
10-Year Japanese Government Bond Yield Reaches 30-Year High
Japan’s Nikkei Rises as AI Catch-Up Rally Offsets Yield Worries
Gold steadies after selloff as oil, strong U.S. data lift Fed hike bets
Oil prices edge lower as Iran says it is open to diplomacy to end the war
Why did Broadcom shares fall today?
U.S. stock futures dip after high yields batter tech; Trump-Xi summit begins
Chinese Authorities Reportedly Seize F-35 Components in Hong Kong
China’s Trade Volumes Hit Record in Week Before Trump-Xi Summit
People's Bank of China Sets Yuan Reference Rate at 6.7489 Against US Dollar
U.S. President Trump Welcomes Chinese President Xi Jinping for State Visit
Black Sea Upheaval Sends Indian Wheat Exports to Bangladesh
AirAsia’s Hunt for Cheaper Debt Won’t Be Easy With $100 Oil
Venezuela’s Rodriguez promises elections in transition to ’full democracy’
China’s ’Lipstick King’ confronts slower growth, AI disruption in livestream shopping
Japan's Finance Ministry Considers Reducing Medium-Term JGB Issuance
SoftBank Shares Rise Over 7% Following $11.1 Billion Bond Issuance
Nikkei 225 wedged at 66,027 as momentum turns bearish: Live
Meta surprises with new handheld AI device called Meta Charm
The AI build-out is making history, dwarfing the spending for U.S. canals, railways, and grid combined. It’s creating jobs and wealth while boosting inflation and crowding out housing.
Japan's Economic Growth Slows Amid Persistent Price Pressures
China's Xi Emphasizes Peaceful Coexistence with the U.S.
Oil slips 1% after sharp gains amid U.S-Iran diplomacy doubts
Amaero postpones U.S. IPO citing adverse market conditions
Japan private-sector growth slows in September as PMI cools to four-month low- S&P
Japan’s factory activity growth slows in September, PMI shows
China's Xi Urges Cooperation with the U.S. for Stable Relations
Bond Selloff Extends as Fed Rate-Hike Bets Build: Markets Wrap
Meta debuts new handheld device dedicated to using Muse
Australia says OpenAI agent hacked into government website
Bangladesh Orders 11 More Boeing Jets to Strengthen US Trade Relations
Chinese President Xi Jinping Optimistic About Upcoming U.S. Visit
Japan’s Nikkei Rises as AI Catchup Rally Outweighs Yield Worries
Epstein’s Accountant and Lawyer Are Said to Be Under Federal Investigation
Stitch Fix AI Try-Ons Drive Surge in Shopper Spend
Japan's Ministry of Finance Considers Reducing Bond Issuance Amid Easing Scarcity
Mark Zuckerberg unveils AI ‘charm’ device that can fit on a keychain
U.S. Treasury Secretary Comments on Flight Restrictions Impacting Iran
Meta debuts camera-free smart glasses at $349 to tackle privacy concerns
SoftBank issues $11.1 billion in bonds in OpenAI financing push
Amsterdam-Based Fintech Duqu Secures €1.5 Million to Address Late Payment Issues in Europe
Trump Advocates for Elections in Venezuela During UN Meeting
U.S., China agree to extend trade truce until January, Bessent says
KLEA Finance Daily: Wednesday, September 23, 2026
Japan's Nikkei Futures Increase While 10-Year JGB Futures Decline
Venezuela’s Rodriguez promises elections to transition to ’full democracy’
Microsoft to Revise 2030 Climate Goals Amid Rising AI Data Center Power Demand
Saudi start-up launches AI stockpicking app
Saudi Red Sea oil stocks slump after pipeline attack
Ceer’s EV gamble meets China’s price war
US Administration Considers Promoting Dollar Stablecoins Abroad
Meta Unveils 3 Smart Glasses With Built-In A.I.
HSBC relocates board meeting to London from Dubai- FT
U.S. Lawmakers Propose Restrictions on AI Chip Exports to China Ahead of Trump-Xi Summit
U.S. Senate Democrats Push for Export Control Votes on Semiconductor Legislation
US oil industry pushes back against diesel export ban
L.A. Comes to Grips With a Studio Merger Many Didn’t Want
US, China agree to extend trade truce by two months, work on bigger deal, Bessent says
Politicians and rank-and-file workers who feared a Paramount-Warner Bros. Discovery deal now hope concessions in a settlement with state attorneys general will soften the impact
EU Council President Urges Iran to Resume IAEA Cooperation and Restore Navigation Rights
US stocks fall as 10-year Treasury yield hits highest since 2007
Atum Launches Open Payments Network with $13.5 Million Funding
US Treasury Secretary Denies Reports of Role as AI Czar Under Trump
Barry Diller abandons $18bn takeover bid for MGM Resorts
Trustly Reduces Workforce by 25% Amid Cost-Cutting Measures
Anthropic's Claude AI Identifies New Enzyme System with CRISPR-like Features
Asian Bonds Drop on Inflation Jitters as Oil Gains: Markets Wrap
Judge questions Trump’s process for banning CNN, MS NOW and Politico
MyComplianceOffice Secures Over $100 Million in Strategic Investment
Goldman Sachs Adjusts Gold Forecast Amid Federal Reserve Rate Hikes
People's Bank of China Expected to Set USD/CNY Reference Rate at 6.7184
The People's Bank of China (PBOC) is anticipated to set the daily USD/CNY reference rate at 6.7184, a significant indicator in Asian foreign exchange markets. This fixing mechanism has gained importance recently as the PBOC has shifted its approach from restraining the yuan's rise to allowing for gradual appreciation. Throughout September, the midpoint has strengthened for eight consecutive sessions, marking the longest streak since 2023, and reaching its strongest level since February 2023.
For nearly a year, the PBOC had been setting the fixing weaker than market expectations, a strategy interpreted by traders as an effort to slow the yuan's appreciation. The gap between the fixing and market estimates reached its widest since February in late August, shortly after the yuan hit a three-and-a-half-year high against the US dollar. However, the recent trend indicates a loosening of this resistance, with the midpoint now narrowing its gap with market expectations.
China operates a managed floating exchange rate system, allowing the yuan to trade within a band of plus or minus 2% around the daily midpoint. This midpoint reflects various factors, including the previous day's closing price, movements in major currencies, and domestic economic conditions. The PBOC retains discretion over the final fixing, which serves as a policy signal to the market. A stronger-than-expected fixing typically indicates a stance against depreciation, while a weaker fixing suggests tolerance for a softer currency.
© 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: KLEA News