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14/08/2026
Wang Si: We hope to lower interest rates.
Latest
4 m ago
On Thursday at the end of trading in New York, the dollar against the offshore yuan was at 6.7444, down 14 points from Wednesday's closing in New York, with overall intraday trading ranging between 6.74793 and 6.74218.
4 m ago
On Thursday, the Federal Reserve announced that it would pause its purchases of U.S. Treasury securities for the purpose of managing bank reserves (RMP) for the next month, indicating that the size of bank reserves has reached a level deemed appropriate by the Fed. The New York Fed stated that it would suspend RMP purchases during the operation period ending September 14, but it will continue to reinvest about $17 billion in maturing principal. This move demonstrates that, despite the potential for increased cash balances in the U.S. government to apply some pressure on market liquidity, the Fed remains confident in the stability of the funding markets. For most of July, the Secured Overnight Financing Rate (SOFR) was below the Interest on Reserves Balances (IORB) rate, and as of August 12, the SOFR fixing rate was 3.62%, three basis points lower than the IORB. The Fed emphasized that this adjustment only pertains to reserve management operations and does not indicate a change in monetary policy stance or balance sheet strategy.
7 m ago
South Korea's export price index year-on-year for July is 49.1%, revised from the previous value of 48.90% to 48.7%. South Korea's import price index year-on-year for July is 18.7%, revised from the previous value of 20.60% to 20.9%.
7 m ago
Dollar bond fluctuations | Road King ROADKG 5.2 07/12/29 price rose by 1.216%, reported at 19.625.
7 m ago
Dollar bond fluctuations | Road King's ROADKG 7 PERP price rose by 2.966%, reported at 19.000.
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