People's Bank Of China

Markets rallied after news that productive talks between Republican leaders and President Obama on Thursday may have resulted in a proposal which will put an end to the debt standoff; at least temporarily. A GOP proposal to extend the US government’s borrowing authority for six weeks in...

Japan Surges On GDP Revision After Thursday's rally, US Equity futures are slightly up on strong economic data from Asia. The big news of the day are job numbers coming out at 8:30am EST Friday morning. Friday also marks marks the end of the heaviest earnings week of the year, with over 500...

Futures Higher After Asia Turnaround U.S. equity futures rose slightly in early pre-market trade as Asian shares reversed losses from Monday and rose overnight. Market now look to earnings and the flood of economic data that begins today and continues through the rest of the week for direction....

Brent dipped a bit on Tuesday as geopolitical tension which has caused supply concerns began to ease. The commodity traded at $107.23 at 5:45 GMT on Tuesday morning as demand worries came into focus. A civil war in Syria and the Egyptian political crisis have both pushed Brent prices higher over...

China's manufacturing sector showed signs of slowing again in June as two key measures of manufacturing output fell to four- and nine-month lows respectively in the country that accounted for nearly 38 percent of world GDP growth and 21.8 percent of emerging market growth in 2012. Manufacturing...

Gordon Chang, author and Forbes Columnist known for his book The Coming Collapse of China, sees China on a decline that's becoming increasingly steeper. He explained his views on CNBC's Squawk Box Monday morning. Chang began by noting his comments that this is China's "Lehman moment," referring...

SHIBOR has now become a commonplace phrase among investors. The acronym for the Shanghai Interbank Offered Rate, the equivalent of Libor for Chinese banks or the rate at which banks will lend to each other, has risen sharply over the past week and poses a severe threat to the economy. However, the...

Futures Rise on German Business Confidence U.S. equity futures rose in pre-market trading following the release of the German IFO Business Confidence Survey. The Survey showed that German business leaders were more confident about the future of the Eurozone economy than expected, with the index...

Futures Drop on Cliff Fears U.S. equity futures fell in early Friday trade as indications that leaders will return early were not enough to restore confidence that a deal can be reached to avoid the Fiscal Cliff. Now, it appears likely that a deal will be reached to push the tough decisions into...

U.S. equity futures were flat Thursday ahead of interest rate decisions from both the European Central Bank and the Bank of England. Also, overnight Greek leaders approved the latest round of austerity measures by a narrow margin, paving the way for Greece to get its next round of bailout funding...

U.S. equity futures rose slightly in early Friday trading as IMF Chief Christine Lagarde warned that the global financial system is just as weak as it was before Lehman Brothers failed in 2008. Speaking at the IMF conference in Tokyo, Lagarde also warned that central banks of industrialized nations...

U.S. equity futures rose in early Thursday trading as rumors of a new round of stimulus in China reversed investor sentiment from the past few days, sending markets higher. Rumors circulated that Chinese officials were planning a massive stimulus plan and also were going to announce new measures to...

Markets jumped to multi-year highs on Thursday as Federal Reserve Chairman Ben Bernanke announced a new round of quantitative easing aimed at lowering the cost of mortgages. The Fed pledged to purchase $40 billion of additional mortgage backed securities per month on an open ended basis to lower...

Shares of mining equipment maker Joy Global (NYSE: JOY) jumped 2.6 percent on Wednesday on volume that was more than five times the daily average. An impressive move in a lethargic market beset by dwindling volume and the performance is all the more surprising given that the Wisconsin-based company...

The Federal Reserve, the European Central Bank and the People's Bank of China all share something in common beyond the fact that all three are among the most important central banks in the world. Investors are hanging on every word from these giants on monetary policy with the hopes that one or all...