Heads Up: US Treasury to Release TIC Data Later Today
The US Treasury will publish its latest International Capital (TIC) data, showing foreign investors holding a record $9.36 trillion of Treasury securities. China’s holdings slipped to roughly $683 billion, the lowest level since 2008, while Japan remains the top holder with about $1.2 trillion. The report highlights a structural shift: private investors—hedge funds, pension funds, and asset managers—bought $158 billion in November, more than double the purchases by official institutions. Despite de‑dollarisation talk, Treasuries stay essential, though gold now tops them in central‑bank reserves.
India Is Kicking Trump's Butt on the Trade Deal, TACO Time (Again)
The White House has issued an updated U.S.–India trade factsheet, removing a reference to India cutting tariffs on pulses and softening language around digital services commitments. The document also shifts wording from India “intending” to purchase more U.S. goods to...
PBOC Sets USD/ CNY Mid-Point Today at 6.9438 (Vs. Estimate at 6.9109)
The People’s Bank of China (PBOC) set the USD/CNY midpoint at 6.9438 on Tuesday, notably higher than the Reuters estimate of 6.9109. The central bank maintains its +/-2% trading band around the reference rate, with the yuan closing the previous...
ICYMI - PBOC Pledges Loose Policy, Ample Liquidity in Q4 Report
China’s central bank reaffirmed an “appropriately loose” monetary policy in its Q4 report, promising ample liquidity and the option to cut reserve‑requirement ratios or interest rates. The PBOC highlighted support for domestic demand, technology innovation and small‑medium enterprises while keeping...
PBOC Is Expected to Set the USD/CNY Reference Rate at 6.9109 – Reuters Estimate
The People’s Bank of China is set to announce the USD/CNY reference rate around 0115 GMT, with Reuters estimating a midpoint of 6.9109. China’s managed‑floating system keeps the yuan within a ±2 % band around this rate, blending market data with...
Westpac Sees RBNZ Holding OCR, Nudging First Rate Hike to December 2026
Westpac projects the Reserve Bank of New Zealand will keep the Official Cash Rate at 2.25% in its February 18 meeting, but expects the first rate hike to arrive in December 2026, slightly earlier than previously forecast. The bank notes...
Economic and Event Calendar in Asia Wednesday, February 11, 2026, China Inflation Data
China will publish its January 2026 CPI and PPI data today, offering the first post‑holiday inflation signals of the year. Analysts expect headline consumer inflation to edge up to roughly 0.6‑1.2% year‑on‑year, buoyed by seasonal food and service price spikes...
USD/JPY Continues to Fall After US Retail Sales Miss
USD/JPY fell for a second day as Japan’s new lower‑house majority under Prime Minister Fumio Takaichi spurred a rally in Japanese equities and a shift of capital into the yen. The decline was amplified by weak U.S. retail‑sales data and...
