PBOC set the Yuan reference rate at 6.6058

The People's Bank of China (PBOC) set the Yuan reference rate at 6.6058 vs. the previous day's fix of 6.6098.

Dec 20, 2017

Brexit: BOE to soften impact on European banks - BBC

A BBC report says, "the Bank of England (BOE) is to unveil plans allowing European banks to operate in the UK as normal post-Brexit. The BOE is likel

Treasury yield curve steepens as a tax bill nears approval

The treasury yield curve steepened, i.e. the spread between the US 10-year yield and the 2-year yield rose to 60 basis points on increased prospects o