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PBOC's Pan attended and spoke at the IMF's 54th International Monetary and Financial Committee meeting in Bangkok on Oct. 16-17, 2026; PBOC Deputy Governor Xuan Changneng also participated. The committee said the global economy has performed better t

2026-10-17

PBOC's Pan attended and spoke at the IMF's 54th International Monetary and Financial Committee meeting in Bangkok on Oct. 16-17, 2026; PBOC Deputy Governor Xuan Changneng also participated. The committee said the global economy has performed better than expected despite geopolitical shocks, but rising trade tensions and rapid AI-driven divergence increase uncertainty and leave downside risks intact. It urged focus on macroeconomic and financial stability through international cooperation. The IMFC called on members to promptly complete domestic approval procedures for the 16th General Quota Review capital increase and to advance quota and governance discussions under the Guiding Principles for Quotas and Governance Reform in the 17th General Quota Review.

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2026-10-17

The dollar weakened after Fed official Kevin Warsh’s remarks failed to boost the currency, leaving the greenback poised to end a four‑week advance. The Bloomberg Dollar Spot Index fell as much as 0.4% on Friday and was on track for its worst weekly p

The dollar weakened after Fed official Kevin Warsh’s remarks failed to boost the currency, leaving the greenback poised to end a four‑week advance. The Bloomberg Dollar Spot Index fell as much as 0.4% on Friday and was on track for its worst weekly performance since Sept. 4. The dollar slipped versus most major peers while the euro rose, set to snap a five‑week decline. Speaking at the IMF annual meeting in Bangkok, Warsh made no comments on U.S. policy or the economy, prompting investors to trim bets on a Fed rate hike later this month ahead of the Fed’s pre‑meeting blackout period. CIBC capital markets strategist Noah Buffam said Warsh offered no policy guidance, which markets interpreted as a signal that the Fed may not raise rates in October.
2026-10-17

TASS, citing emergency services, reported a Ukrainian drone strike in Russia's Belgorod region killed one woman.

TASS, citing emergency services, reported a Ukrainian drone strike in Russia's Belgorod region killed one woman.
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