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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.92-0.7%Dec 31 4:00 PM EST

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From: kwills12/30/2022 12:13:21 PM
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Reserve currency? Onshore yuan trading will close at 3 a.m. local time the next day rather than 11:30 p.m., effective from Jan. 3, according to the People’s Bank of China. Opening hours will remain unchanged at 9:30 a.m., the PBOC said.

The move will further open up China’s markets at a time when the yuan has rallied on signs the country is moving away from its strict Covid Zero policy.
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