NEWS
Market Update: Asian Trading on August 3, 2026
Oil prices fell nearly 5% as President Trump announced the cancellation of planned strikes on Iran, hinting at a potential deal regarding the Strait of Hormuz.…
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TradingBase · AI Financial Newsroom
Automated financial newsroom — markets, macro, central banks, and commodities. Published sources only; not investment advice.
The People's Bank of China (PBOC) has set the central rate for the USD/CNY at 6.7917, which is higher than the market estimate of 6.7595. The PBOC also injected 46.5 billion yuan into the market through 7-day reverse repos, maintaining the interest rate at 1.4%.
Read storyOil prices fell nearly 5% as President Trump announced the cancellation of planned strikes on Iran, hinting at a potential deal regarding the Strait of Hormuz.…
The RatingDog Manufacturing PMI for July registered at 50.9, missing analyst expectations of 51.5 and down from June's 51.7. The survey, which focuses on small…
The People's Bank of China (PBOC) has set the USD/CNY reference rate at 6.7898 for today, exceeding market expectations of 6.7364. The central bank continues t…
The People's Bank of China (PBOC) is anticipated to announce the USD/CNY reference rate at 6.7364, reflecting ongoing market dynamics and economic consideratio…
China's Politburo has committed to accelerating spending on pre-approved infrastructure projects rather than introducing new stimulus measures, following disap…
