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PBOC: Monetary policy to remain prudent with fine-tuning

Additional findings from the People’s Bank of China (PBOC) from its 2015 annual report released Tuesday are found below:

China will continue its “prudent” monetary policy this year with fine-tuning at appropriate times

Plans financial reforms including further opening up of the bond market and "two-way" opening of capital markets

United Kingdom CBI Industrial Trends Survey - Orders (MoM) came in at -2, above forecasts (-10) in June

United Kingdom CBI Industrial Trends Survey - Orders (MoM) came in at -2, above forecasts (-10) in June
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USD/CHF drops to lows near 0.9580

The greenback remains on the defensive today, with USD/CHF breaking below the 0.9600 critical support. USD/CHF eyes on Yellen The pair has reverted
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