The offshore yuan edged up to around 6.901 per USD on Monday, halting losses from the previous week as investors weighed fresh geopolitical and trade developments, while China’s key economic data came in strong at the start of the year. Data showed industrial output, retail sales, and fixed-asset investment all surpassed expectations, pointing to firmer momentum early in the year. However, challenges persisted as the property sector remained under pressure and unemployment ticked higher. Officials also cautioned that rising geopolitical tensions could cloud the outlook, particularly as the expanding Middle East conflict threatens global growth and trade. In the latest update, President Trump ordered strikes on Iranian military assets on Kharg Island and warned of further attacks on crude facilities. He also signaled a potential delay to his Beijing summit unless China helps reopen the Strait of Hormuz. Still, the numbers suggest that China may be less exposed to the Hormuz disruption.
Related Articles
Check Also
Close
-
USD/INR rises as Asian risk sentiment weakensJanuary 30, 2026
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market





