EUR/USD
1.14229
0.023%
Gold
4023.91
-0.711%
Oil
79.685
0.675%
USD/JPY
162.250
-0.007%
GBP/USD
1.34032
0.096%
GBP/JPY
217.472
0.087%
Real-time News
On July 15th, Xie Guangqi, Director of the Monetary Policy Department of the Peoples Bank of China, stated at a press conference held by the State Council Information Office that the central bank is continuously optimizing and improving the monetary policy framework, promoting the transformation of the monetary policy framework from primarily quantitative control to primarily price-based control, and striving to create a suitable monetary and financial environment. He added that the single indicator of loans can no longer fully reflect the financing situation of the real economy, and suggested that investors consider both loans and bonds together, while also paying closer attention to indicators such as interest rates and financing structure, which comprehensively reflect social financing conditions.On July 15, Xie Guangqi, Director of the Monetary Policy Department of the Peoples Bank of China, stated at a press conference held by the State Council Information Office that in the future, monetary and credit policies will shift from extensive expansion to intensive development, and the slowdown and improvement of loan quality may become one of the new normal aspects of macroeconomic operation.On July 15th, ship tracking data showed that two oil tankers carrying Iranian crude oil changed their destination signals to Pakistan, a rare move that may indicate these vessels are seeking a relatively safe anchorage to await developments following the reimposition of a US maritime blockade. The tankers "Rani" and "Amil," carrying a combined 1 million barrels of crude oil, changed their destination signals to Karachi, Pakistan, on Tuesday. However, it is unlikely that these two tankers will unload their cargo in Pakistan, as doing so could expose Pakistan to violating US sanctions. Kpler data shows that Pakistan has not imported Iranian crude oil for at least 10 years. Vortexa senior market analyst Xavier Tang stated that the ships "may choose to sail closer to Pakistan to avoid US naval vessels and mark Karachi as a transit destination along their route."On July 15, Zou Lan, spokesperson and vice governor of the Peoples Bank of China, said at a press conference held by the State Council Information Office that in the first five months of this year, the proportion of enterprises using foreign exchange hedging rose to 34.4%, an increase of 4.5 percentage points compared with 2025, and the proportion of cross-border trade settlement in RMB was about 30%.On July 15, Zou Lan, spokesperson and vice governor of the Peoples Bank of China, said at a press conference held by the State Council Information Office that, looking ahead, the factors affecting the RMB exchange rate are quite diverse, with both factors driving appreciation and depreciation, and the RMB exchange rate is expected to continue to fluctuate in both directions.
