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19 Nov 2018

China to launch barley anti-dumping investigation against Australia

According to early reporting, China is set to launch a new anti-dumping investigation against Australia in regards to how much barley Australia has been sending to China, as well as the level of government agriculture subsidization.

Further details are still forthcoming, but the move is unlikely to bode well for the AUD/USD with Australia's domestic economy closely tied to and heavily reliant on Chinese consumption to maintain their growth prospects.

 

Nov 19, 2018

UK CBI President to endorse May's Brexit deal

John Allan, president of Britain’s most powerful employers’ body, the CBI, will use a speech on Monday at the CBI’s annual conference in London to say
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Nov 19, 2018

PBOC set the yuan reference rate at 6.9245

The People's Bank of China (PBOC) set the yuan reference rate at 6.9245 vs Friday's fix of 6.9377. 
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