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PBOC sets USD/ CNY central rate at 6.7298 (vs. estimate at 6.6981), strongest since 2 February 2023 KOSPI Drops 5% as China’s CXMT Chip Advance Hits Samsung and SK Hynix BlackRock cuts US stocks to neutral and buys Treasuries as 10-year yield nears 5.25% Aptos rolls out Encrypted Mempool to curb frontrunning, sandwich attacks Danfoss says hacked controllers behind 50C French supermarket fridges ran old firmware RBA minutes show three reasons for hike to 4.60% and leave door open to further increases Japan wholesale inflation misses at 6.8% but stays high enough to keep BOJ hike alive PBOC is expected to set the USD/CNY reference rate at 6.6981 – Reuters estimate PBOC sets USD/ CNY central rate at 6.7298 (vs. estimate at 6.6981), strongest since 2 February 2023 KOSPI Drops 5% as China’s CXMT Chip Advance Hits Samsung and SK Hynix BlackRock cuts US stocks to neutral and buys Treasuries as 10-year yield nears 5.25% Aptos rolls out Encrypted Mempool to curb frontrunning, sandwich attacks Danfoss says hacked controllers behind 50C French supermarket fridges ran old firmware RBA minutes show three reasons for hike to 4.60% and leave door open to further increases Japan wholesale inflation misses at 6.8% but stays high enough to keep BOJ hike alive PBOC is expected to set the USD/CNY reference rate at 6.6981 – Reuters estimate
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