People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate...
Fundamental Overview The bullish momentum in the US Dollar seems to be waning despite the recent higher-than-expected US CPI and PPI reports. One caveat is that the market has now priced out the aggressive rate cuts expectations and it’s almost perfectly in line with the Fed’s projections. Therefore, we will likely need more strong US...
High blood pressure, often called the “silent killer,” affects millions worldwide and is a major risk factor for heart failure, strokes, and heart attacks. In the United States, more than 61.9 million adults rely on medication to manage this condition. However, recent research offers compelling evidence that a small dietary...
Tree planting has been championed globally as a cost-effective strategy to mitigate climate change. Trees are celebrated for their ability to absorb carbon dioxide from the atmosphere, promising a solution to global warming. However, planting trees in the wrong places may not only fail to address climate change but could...
Listening to music can enhance our lives in all kinds of ways – many of us use it during exercise, to regulate our mood, or in the workplace. But can listening to background music while you work really make you more productive? It’s a controversial topic. Some people swear by...
