China A50 futures up by almost 1%

FXStreet - China futures (A50 FTSE - benchmark for investors to access the China domestic market through A Shares – ) is trading up by 0.93% following the recovery seen in the SP500 and the moderate losses of -0.35% in the Shanghai Composite during Wednesday.

Feb 4, 2016

USD/CNY fix model: Projection 181 pips higher to 6.5702 - Nomura

Nomura's model projects the fix to be higher by 181 pips from the previous fix (6.5702 from 6.5521) and lower by 91 pips from the previous spot USD/CNY official close (6.5793).

Fed fund futures: No more hikes this year?

Based on CME Group 30-Day Fed Fund futures prices, used to express the market’s views on the likelihood of changes in U.S. monetary policy, the probability of another rate hike in April remains much lower than what Fed officials are projecting, with market participants assigning only 18% in April and 24% in June.