Coinbase lays off around 1,100 employees
The exchange is reducing its workforce by roughly 18%. CEO Brian Armstrong admits the company
PBOC sets USD/CNY reference rate at 6.7518
The People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.7518 on Wednesday
PBOC injects CNY200 billion via one-year MLF at 2.85%
The People’s Bank of China (PBOC) injected CNY200 billion via one-year medium-term lending (MLF) facility
ECB to hold ad hoc Governing Council meeting Wednesday, EUR/USD spikes towards 1.0500
European Central Bank (ECB) is set to hold ad hoc Governing Council meeting on Wednesday
BOJ offers additional emergency bond buying operation
Bank of Japan (BOJ) once again announced to offer an additional emergency bond-buying operation, in
EUR/SEK: Krona to struggle to regain ground while the market is dominated by risk aversion – Commerzbank
On Tuesday, EUR/SEK only dipped briefly before returning to the 10.60 level. Economists at Commerzbank
China’s May Industrial Output unexpectedly rebounds 0.7%, Retail Sales beat estimates
China’s May Retail Sales YoY, arrived at -6.7% vs. -7.1% expected and -11.1% previous while Industrial Production
China’s NBS: Economic recovery still faces many difficulties and challenges
Following the release of the May activity numbers, China’s National Bureau of Statistics (NBS) released a statement,
US dollar to dip temporarily if Powell fuel doubts on tight market expectations – Commerzbank
Could the Federal Reserve meeting be negative for the dollar? Economists at Commerzbank do not
AUDUSD: Recovery to 0.74 in Q3 remains likely – Westpac
The 0.68 level looks like the next obvious target for the aussie near-term. Nonetheless, the