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PBOC sets USD/CNY rate at 6.3851 vs. 6.3982 Thursday

FXStreet (Mumbai) - On Friday, the Chinese central bank, PBOC, sets USD/CNY midpoint at 6.3851 versus 6.3982 previous close.

Meanwhile, CSI300 futures open down 0.7%.

Have necessary tools to avoid property bubbles – ECB’s Nowotny

European Central Bank (ECB) Governing Council member Ewald Nowotny while speaking in a television interview in opening hours, said that accommodative monetary policy helps support growth. He also added that the central banks have enough tools to avoid chances of property bubbles.
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NZD/USD rejected at 0.67, slides towards 1h 50-SMA

The New Zealand snapped previous gains and slipped back in the red against its US counterpart in early Asia, knocking-off NZD/USD to fresh session lows below 0.67 handle.
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