China A50 futures +0.05% ahead of Shanghai

China futures (A50 FTSE - benchmark for investors to access the China domestic market through A Shares – ) is trading up by 0.05% ahead of the Shanghai Composite cash open, due to open at 1.30GMT.

Mar 23, 2016

USD/CNY fix model rojection: 6.4944 - Nomura

Analysts at Nomura explained that their model1 projects the fix to be lower by 27 pips from the previous fix (6.4944 from 6.4971) and higher by 18 pips from the previous spot USD/CNY official close 6.4926.

RBA: No further rate cuts expected - ANZ

ANZ has updated its view on the Reserve Bank of Australia, and is now expecting no further rate cuts for the rest of this year and through 2017 as opposed to its previous position advocating for additional easing.