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Hong Kong will launch an index for offshore yuan bonds, according to Chief Executive John Lee, betting that a market benchmark can boost trading activity and reinforce the city’s role as China’s premier offshore renminbi hub.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
The Euro (EUR) trades with caution at around 1.1545 against the US Dollar (USD) during the early European trading session on Wednesday.
Copper was 0.7% higher at $14 176 a ton on the LME at 12:20 p.m. Singapore time.
USD/IDR halts its four-day winning streak, trading around 17,740 during Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) declines ahead of the interest rate decision by the…
Gold still down around 3 per cent in September as traders recalibrate outlook for US Fed policy.
Rising Treasury yields, geopolitical risk and fresh AI safety concerns are hitting markets, but many investors remain bullish on AI spending and earnings.
