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China’s Finance Ministry set to announce CNY2 trillion fiscal stimulus package on Oct 12

Reuters reported on Wednesday that China’s Finance Ministry is set to roll out a 2 trillion Yuan fiscal stimulus package on October 12.

The fiscal stimulus will be announced to support economic growth so that they can achieve a 5% Gross Domestic Product (GDP) target for the year.

FX option expiries for Oct 9 NY cut

FX option expiries for Oct 9 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
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USD/CHF strengthens above 0.8550 ahead of FOMC Minutes

The USD/CHF pair trades on a stronger note to around 0.8575 during the early European session on Wednesday.
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