Yuan Central Parity Rate Against Dollar Set at 6.7313, Strengthened by 17 Pips

Deep News55 minutes ago

The central parity rate of the yuan against the US dollar was set at 6.7313 on October 12, strengthened by 17 pips.

Key events this week include CPI, PPI, and a speech by the Federal Reserve Chairman. This week's inflation data will be the main focus, with the release of the September Consumer Price Index and Producer Price Index. The market will also be watching key regional manufacturing surveys and a speech by Federal Reserve Chairman Kevin Warsh. Existing home sales data for September will be released on Tuesday. Wednesday will focus on the CPI report. Thursday will bring the PPI, September retail sales, weekly initial jobless claims, as well as the Philadelphia Fed and New York Fed manufacturing surveys. On Thursday evening local time, which is Friday morning Beijing time, traders will be watching Federal Reserve Chairman Warsh's speech at an International Monetary Fund event in Bangkok.

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