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PBOC SETS MIDPOINT FOR USD/CNY AT 6.8654, UP 5 PIPS

2026-04-10

PBOC SETS MIDPOINT FOR USD/CNY AT 6.8654, UP 5 PIPS

Other News
2026-04-10

FAW-VW, SAIC-VW SOLD A COMBINED 177,434 PASSENGER VEHICLES IN CHINA IN MARCH - CHINA AUTO INDUSTRY BODY CPCA

FAW-VW, SAIC-VW SOLD A COMBINED 177,434 PASSENGER VEHICLES IN CHINA IN MARCH - CHINA AUTO INDUSTRY BODY CPCA
2026-04-10

- S&P 500 futures rose slightly on Friday, with the index on pace to post a solid weekly gain, as traders kept an eye on the fragile two-week ceasefire between the U.S. and Iran. - The S&P 500 has jumped more than 3% through Thursday’s close, trackin

- S&P 500 futures rose slightly on Friday, with the index on pace to post a solid weekly gain, as traders kept an eye on the fragile two-week ceasefire between the U.S. and Iran. - The S&P 500 has jumped more than 3% through Thursday’s close, tracking for its best week since November. - Trump on Thursday warned that Iran should not charge fees to oil tankers that are traveling through the Strait of Hormuz, writing in a post on Truth Social: "They better not be and, if they are, they better stop now!" - Oil prices were little changed as concerns around the strait’s reopening hovered over the market. - Oil prices came off their highs of the day and the S&P 500 rose after Israeli Prime Minister Benjamin Netanyahu said that the country had agreed to negotiate with Lebanon “as soon as possible.” - US inflation surged in March, with CPI rising 0.9% month-on-month and 3.3% year-on-year, the fastest pace since 2024, driven largely by a record spike in gasoline prices. - An expected Senate hearing on the nomination of Kevin Warsh for Federal Reserve chair has been delayed, a person familiar with the matter told CNBC on Thursday evening. - U.S.-listed shares of Taiwan Semiconductor Manufacturing rose more than 2% in premarket trading on Friday after the world’s largest chipmaker reported record revenue for the first quarter. - Asia-Pacific markets mostly rose Friday, though a fragile two-week ceasefire between the U.S. and Iran keeps investors on tenterhooks with oil prices remaining volatile.
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