Straits Times Index
3,074.37 -10.33 (-0.33%) Nikkei
33,255.22 -66.00 (-0.20%) Hang Seng
16,942.63 -50.81 (-0.30%) FTSE 100
7,423.46 -31.78 (-0.43%) Bitcoin USD
37,904.20 +33.62 (+0.09%) CMC Crypto 200
782.64 -2.86 (-0.36%)
USD/CNY (CNY=X)
| Previous close | 7.1295 |
| Open | 7.1295 |
| Bid | 7.1215 |
| Day's range | 7.1200 - 7.1376 |
| 52-week range | 6.6906 - 7.3510 |
| Ask | 7.1225 |
- Investing.com
Asia FX muted as rate fears mount, yen holds above 150
Investing.com-- Most Asian currencies moved little on Friday as markets hunkered down before a series of major central bank meetings next week, while the Japanese yen strengthened slightly on strong inflation data, but remained close to a one-year low.
- Yahoo Finance Video
China plans to spend $137B on infrastructure to boost economy
China is considering increasing its budget deficit to spend an additional 1 trillion yuan ($137 billion) on infrastructure projects. This proposed stimulus spending aims to boost China's economy by funding construction. However, the expanded deficit would surpass the government's 3% GDP target. Yahoo Finance reporter Jared Blikre analyzes China's proposed infrastructure spending increase, examining the market trends and economic factors that likely influenced this policy decision. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
- Yahoo Finance Video
Dollar under pressure after moves from China, Japan
The U.S. dollar (DX-Y.NYB) has been under pressure after China's central bank made moves to push back against the dollar's strength. It's also feeling the impact of hawkish talk from the head of Japan's central bank. Yahoo Finance Markets Reporter Jared Blikre breaks down the dollar's moves.
