China has no intention of devaluating the yuan to gain an advantage in global trade and there is no basis for long-term depreciation, the central bank said Thursday.
..."The reports misled expectations and disrupted the market, encouraging speculative selling. We strongly condemn the behavior, which is irresponsible and against professional ethics," the PBOC said.
Schedule for Week of April 21, 2024
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The key reports scheduled for this week are the advance estimate of Q1 GDP,
March New Home sales and March Personal Income and Outlays.
For manufacturing, ...
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