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Fed Chair Powell to speak at Jackson Hole Symposium next Friday August 24

The US Federal Reserve (Fed) announced late-Thursday, the Fed Chairman Jerome Powell is scheduled to speak next Friday, Aug. 24, at the annual global central bank conference in Jackson Hole, Wyoming.

According to the notice from the Fed, Powell is scheduled to speak on monetary policy in a changing economy at the start of the two-day conference.

NZD/UZD Technical Analysis: NZ PPI beats, sends the Kiwi into 0.66

NZD/USD Chart, 1-Hour Spot rate:  0.6599 Relative change:  0.22% High:  0.6601 Low:  0.6574
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PBOC has drained CNY 1.112 trillion YTD in 2018 vs. CNY 65 billion net drain in 2017

The People’s Bank of China (PBOC) issued a statement on Friday, citing that it has drained CNY 1.112 trillion via Open Market Operations (OMOs) so far
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