Page 3 - Michael Wan News Today

0204 GMT — The yuan, along with some other Asian currencies, weaken versus the USD after the PBOC cut policy rates in a likely effort to support China’s…

MANILA (Bloomberg): A rebound in the dollar has hit the peso harder than most of its peers and the losses may get exacerbated if policymakers at the Philippine central bank hold interest rates this week.

0200 GMT — Asian currencies are mixed against USD in the morning session but may weaken on higher 2- and 10-year Treasury yields, which boost the appeal of…

A rebound in the dollar has hit the peso harder than most of its peers and the losses may get exacerbated if policymakers at the Philippine central bank hold interest rates this week.

A diner criticised Michael Wan's Mandarin in Blackpool claiming they received a £67 bill they 'didn't expect' and added the total including service was £83 - but the restaurant quickly hit back

0213 GMT – Asian currencies consolidate against the USD in the morning session amid mixed signals. The U.S. ISM Prices Paid component is now at the lowest…

Economists see India’s central bank holding interest rates this year before cutting 25 basis points in the first quarter of next year as inflation moderates and the economy stays resilient, according to the latest Bloomberg survey results.

The benchmark repo rate is currently at 6.5% and the estimate for a quarter-point cut in January-March 2024 compares with a previous projection of a 50 basis point reduction. The rates could be lowered again in the following quarter, bringing the levels to 6%.

0215 GMT — Asian currencies consolidate against USD in the morning session but may strengthen on signs of cooling U.S. inflation. The CPI data released…

0208 GMT – The JPY weakens against other G-10 and Asian currencies in the morning session ahead of the BOJ ’s decision. MUFG Bank’s global FX strategy team…