PBOC sets USD/CNY at 6.4898 vs 6.4803

PBOC sets USD/CNY at 6.4898 vs 6.4803. PBoC to inject CNY 240 bln via 7-day reverse repos

Apr 22, 2016

Gold hovers near hourly 200-SMA – key support

Gold is seen extending the massive drop witnessed in the last NY session, with the bears having tested the key hourly 200-SMA support last hour.

Michael Every, Head of Financial Markets Research, Asia-Pacific at Rabobank, summarizes the key events to watch for today.