Traders Boost Bets on South African Inflation Slowing to Target

Traders are increasingly betting that South African inflation will slow toward the midpoint of the range targeted by the country’s central bank, giving policymakers room to pivot to an interest-rate cutting cycle by the final quarter of the year.

BNN BloombergJun 19 02:58 ET

State Administration of Foreign Exchange: in May, banks completed CNY 1.25 trillion in foreign exchange purchases, and CNY 1.36 trillion in foreign exchange sales.

On June 17, the State Administration of Foreign Exchange released the data for May 2024 on bank foreign exchange transactions and bank customers' foreign exchange payment and receipt.

Zhitong FinanceJun 17 05:05 ET

The People's Bank of China has just released the latest figures! From January to May, new social financing amounted to 14.8 trillion yuan, a year-on-year increase of 7% for M2.

RMB loans increased by 11.14 trillion yuan in the first five months, while RMB deposits increased by 9 trillion yuan.

Gelonghui FinanceJun 14 05:16 ET

South African Central Bank Chief Vows to Deliver Low Inflation

South African Reserve Bank Governor Lesetja Kganyago said he and his fellow monetary policymakers will stick to their job of ensuring price stability, regardless of the political uncertainty caused by last week’s election.

BNN BloombergJun 4 13:01 ET

National Bureau of Statistics: The official manufacturing PMI was 49.5% in May, and enterprise production continued to expand

The production and operation activities of enterprises have maintained the trend of resuming development

Gelonghui FinanceMay 30 21:43 ET

South African Central Bank Holds Rates in Shadow of Election

South Africa’s central bank left borrowing costs unchanged, delivering the widely expected verdict one day after the nation held pivotal elections.

BNN BloombergMay 30 09:37 ET