EUR/USD
1.16572
0.044%
Gold
4620.36
0.563%
Oil
81.460
0.034%
USD/JPY
159.178
-0.073%
GBP/USD
1.35916
-0.034%
GBP/JPY
216.334
-0.117%
Real-time News
On August 27, Assistant Minister of Commerce Zhang Li and Zimbabwean Minister of Foreign Affairs and International Trade Ammon Murwera co-chaired the 11th meeting of the China-Zimbabwe Joint Committee on Economic and Trade Cooperation in Harare on August 26, exchanging in-depth views on bilateral economic and trade cooperation and other issues. Zhang Li stated that China is willing to work with Zimbabwe to strengthen the alignment of economic and trade policies, continue to explore the potential of bilateral trade, and deepen investment cooperation in the production, supply, and industrial chains. He hoped that Zimbabwe would accelerate negotiations on the Economic Partnership Agreement for Common Development, providing more convenience and support for Chinese enterprises investing and operating in Zimbabwe. Murwera stated that Zimbabwe attaches great importance to Zimbabwe-China economic and trade relations, appreciates the fruitful results achieved by both sides in the economic and trade field, and is willing to strengthen communication and coordination with China to provide a favorable policy environment for Chinese enterprises operating in Zimbabwe, jointly promoting the sustained and healthy development of bilateral trade, investment, and industrial cooperation. After the meeting, the two sides jointly signed the "Minutes of the 11th Meeting of the Joint Committee on Economic, Technical, and Trade Cooperation between the Government of the Peoples Republic of China and the Government of the Republic of Zimbabwe."Gold rose during Asian trading hours on August 27th. ANZ research analysts wrote in a report that the "dollar depreciation trade" continued to attract investor buying, limiting downside for gold. Despite US inflation indicators remaining above the Federal Reserves target, pushing the market to increase expectations of a Fed rate hike before the end of the year, gold remained supported. Tony Sage of Critical Metals stated that the market is currently focused on Fed Chairman Warshs speech at the Jackson Hole annual symposium later this week, the tone of which is likely to influence market expectations for monetary policy.The Peoples Bank of China (PBOC) announced that on August 27, 2026, it conducted 103 billion yuan of 7-day reverse repurchase operations through a fixed-rate, quantity-based bidding process, fully meeting the needs of primary dealers. Simultaneously, it conducted 503.5 billion yuan of overnight reverse repurchase operations.August 27th - The 2026 China International Big Data Industry Expo will open tomorrow in Guiyang. According to the National Data Administration, all preparations for the expo are complete. Zhang Yan, head of the Comprehensive Department of the National Data Administration, stated that the 2026 China International Big Data Industry Expo focuses on the supporting role of keywords in the value realization of data elements. To date, over 16,000 guests have registered, and 372 domestic and foreign companies have confirmed their participation. We will also hold 89 events, including supply and demand matchmaking and exchange visits, and release 87 important achievements. This years expo also features a special international data supply and demand matchmaking event, building a cross-border platform to help domestic enterprises expand their digital capabilities overseas.The Peoples Bank of China (PBOC) announced today that it conducted 103 billion yuan of 7-day reverse repurchase operations, with both the bid and winning bids amounting to 103 billion yuan. The interest rate for the operation was 1.40%.
