PBOC set the Yuan reference rate at 6.8873

The People's Bank of China (PBOC) set the Yuan reference rate at 6.8873 this Friday morning, compared to Thursday's fix of 6.8862.

WTI Oil - 23.6% fib hurdle intact despite drop in US inventories

WTI oil faded spiked above $48.94 (23.6% Fib retracement of $55-$47.07) on Thursday and remains below the key fib hurdle despite the drop in the US oi
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GS: Financial markets took the Fed meeting as a large dovish surprise

Jan Hatzius, chief economist at Goldman Sachs (GS) expresses his take on Wednesday’s Fed rate hike. Key Quotes: “Surprisingly, financial markets too
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