China’s benchmark index rebounded from earlier jitters as investors saw more rate hikes in the near term as suggested by People’s Bank of China policy officials in recent days.

Roiled by comments made by central bank Governor Zhou Xiaochuan, equity markets were taken back as investors continued to fret over another plausible rate hike in the short term.

In a move to promote two traffic in the underlying Chinese yuan, government officials signed a memorandum of understanding that is set to take effect July 5.

US Treasury Secretary Henry Paulson today pledged to be "more creative" when it came to approaches regarding the Chinese yuan policy.

Dealing somewhat of a blow to the Chinese yuan regime, and considered a small victory for US lawmakers, the International Monetary Fund announced today that it was to strengthen its exchange rate policy monitoring.

Adding to already established momentum from the week's barrage of positive economic data, it was revealed today that property and factory investment continued to surge according to the Statistics Bureau.

Surprising markets, China’s industrial output accelerated despite recent moves by the country’s central bank to cool down the economy.

Released shortly after the US Treasuries exchange policy evaluation, US legislators made it clear that flexibility must be the number one priority of Chinese policy makers.

Implied volatility is one of the most tried and true methods for objectively measuring expected volatility in the spot market.

Given the recent string of central bank surprises in the past month or so, one has to wonder whether or not the currency markets may be in for a doozey when Bank of Japan officials meet this week.