PBOC sets Yuan reference rate at 6.9943

The People's Bank of China (PBOC) has set the yuan reference rate at 6.9943 versus Thursday's fix at 7.0085.

Jul 10, 2020

Fed’s balance sheet sees largest weekly drop in over 11 years

The US Federal Reserve’s (Fed) balance sheet size declined by about $88 billion to $6.97 trillion in the week ended July 8, versus $7.06 trillion a w

Coronavirus: Additional measures needed to cope with outbreaks in US – Goldman Sachs

Analysts at Goldman Sachs believe that the Trump administration should consider additional measures to combat the unstoppable coronavirus flare-ups in