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<p>People's Bank of China USD/CNY reference rate is due around 0115 GMT.</p><p>The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan

<p>I've posted some previews of the Bank of Japan today earlier:</p><ul><li><a href="https://www.forexlive.com/centralbank/economic-calendar-in-asia-tuesday-23-january-2024-bank-of-japan-policy-statement-due-20240122/" target="_self">Economic calendar in Asia – Tuesday, 23 January 2024 &#

<p>Goldman Sachs Chief Economist Jan Hatzius is on Bloomberg TV.</p><p>He has an upbeat outlook:</p><ul><li> Fed is on its way to achieving a soft landing</li><li>Not expecting ‘big hit’ that would cause recession</li><li>said a March rate cut "would make sense"</li></ul

<p>I posted a preview of the Bank of Japan statement due today earlier:</p><ul><li><a href="https://www.forexlive.com/centralbank/economic-calendar-in-asia-tuesday-23-january-2024-bank-of-japan-policy-statement-due-20240122/" target="_blank" rel="follow" data-article-link="true">

<ul><li><a href="https://www.forexlive.com/news/more-on-china-weighing-stock-market-rescue-package-backed-by-278-bln-20240123/">More on China weighing stock market rescue package backed by $278 bln</a></li><li><a href="https://www.forexlive.com/centralbank/boj-announce-no-change-to-policy-as-exp

<p>Earlier post on this is here:</p><ul><li><a href="https://www.forexlive.com/news/bloomberg-headline-china-mulls-stock-market-rescue-package-backed-by-278-bn-20240123/" target="_blank" rel="follow" data-article-link="true">Bloomberg headline: China mulls stock market rescue pac

<p>China plans to expand the suspension of favorable tariffs provided by a China-Taiwan trade agreement (Economic Cooperation Framework Agreement (ECFA)) signed in 2010</p><ul><li>China citing the result of Taiwan’s presidential elections according to a media report.</li><li>Some officials in China are pushing fo

<p>This has given some tech stocks a boost.</p><p>Info comes via Reuters </p> This article was written by Eamonn Sheridan at www.forexlive.com.

<p>The headline saw a jump for Chinese mainland &amp; Hong Kong shares, of course, and the yuan:</p><ul><li><a href="https://www.forexlive.com/news/bloomberg-headline-china-mulls-stock-market-rescue-package-backed-by-278-bn-20240123/" target="_blank" rel="follow" data-article-link="t

<p>Bloomberg citing unnamed sources for the report:</p><ul><li>China considering a 1 trillion yuan fiscal stimulus</li><li>Also considering special bond stimulus</li></ul><p>Mainland and Hong Kong stocks pop. </p><p>CNY also a little higher. </p><p>CNH too:</p><p