DXY & Forex

Latam debt and equities, which have outperformed their peers in both developed and emerging markets, are becoming opportunities in a region where several countries are isolated from the energy crisis hitting other continents due to their energy dependence on conditions tied to the ongoing

According to Jin10 Data, offshore Chinese yuan interbank offered rates in Hong Kong (CNH HIBOR) rose across multiple tenors on May 21. One-week HIBOR climbed to 1.41000%, and two-week HIBOR rose to 1.41091%, both marking weekly highs. Overnight HIBOR increased by 1 basis point to 1.35705%, while

China's overnight SHIBOR (Shanghai Interbank Offered Rate) rose to 1.2880% overnight, up 0.2 basis points. The 7-day SHIBOR declined to 1.3310%, down 0.8 basis points, while the 3-month SHIBOR increased to 1.4065%, up 0.2 basis points.

According to South Korea's Ministry of Finance, the country will launch round-the-clock USD/KRW spot market trading starting July 6, marking the first time such 24-hour operations will be introduced in the Korean won currency market.

According to Japanese television news network, Japan is considering proposing a supplementary budget of approximately 3 trillion yen.

According to Jin10, on May 21, Bank of Japan board member Junko Koeda expressed support for raising the policy rate, citing potential inflation exceeding 2%. Speaking to business leaders in Fukuoka, Koeda stated that the BOJ should increase rates at an appropriate pace to address high inflation

Australia's seasonally adjusted unemployment rate for April came in at 4.5%, exceeding expectations of 4.3% and rising from the prior month's 4.3%.

According to official data, Australia's employment declined by 18,600 people in April, undershooting the forecast of 15,000 new jobs and reversing the previous month's gain of 17,900.

According to Jin10, China's central bank conducted 10 billion yuan of 7-day reverse repo operations on May 21, with 500 million yuan maturing on the same day, resulting in a net liquidity injection of 9.95 billion yuan.

According to the People's Bank of China, the central bank conducted a 100 billion yuan 7-day reverse repo operation today (May 21) at a fixed rate of 1.40%, unchanged from the previous operation. Both bid and settlement amounts totaled 100 billion yuan.

The People's Bank of China (PBOC) conducted 1 billion yuan in 7-day reverse repurchase operations today (May 21) at an operating rate of 1.40%, unchanged from the previous day. Separately, 500 million yuan in reverse repo operations matured on the same day.

China's yuan midpoint rose 48 points to 6.8349 against the U.S. dollar yesterday, marking the strongest level since February 15, 2023. The daily adjustment reflects continued appreciation of the Chinese

According to Swift, China's yuan accounted for 2.85% of global payments in April 2026, down from 3.1% in the previous month.

The Bank of Japan will hold consultations with market participants this week on the pace of reducing its bond purchases. The central bank will meet with banks, securities companies, and institutional investors on Thursday and Friday (May 23-24). Feedback from these consultations will inform the

According to Jin10, citing Federal Reserve communications, U.S. central bank officials have largely stopped discussing rate cuts as of May 21 and begun seriously considering the possibility of rate hikes. Nick Timiraos, known as the Fed's mouthpiece, noted this shift in policy focus. April Federal

According to Japan's Finance Ministry, Japan's exports in April increased 9.5% year-over-year to the United States, 16.1% to Asia, and 26.9% to the European Union.

Foreign investors sold a net ¥1.0334 trillion of Japanese government bonds in the week ended May 15, reversing from net purchases of ¥106.2 billion in the prior week.

Japan's seasonally adjusted merchandise trade balance recorded a surplus of 236.4 billion yen in April, significantly beating market expectations for a 200.2 billion yen deficit. The improvement comes as exports remained resilient amid moderating import

Japan's net inflows into foreign bonds fell sharply to 758.7 billion yen during the week of May 15, down from 1,640.7 billion yen in the previous week, according to Japan's Ministry of Finance data.

Japan purchased 7.587 trillion yen in foreign bonds in the week ended May 15, according to weekly data. The previous week's figure was revised upward to 16.443 trillion yen from the initially reported 16.407 trillion yen.