Tag Archives: CNY
After policy comes … valuation?
Hungary’s NBH yesterday left rates unchanged at 2.10% and said in the following press conference that
FX: cautiously realistic
The USD hovering at a major 1.5y support – break here should bring major new lows; European bad IP data, out this week, already “in the price”. Good luck fighting Draghi.
Brave New World
Tighter liquidity, shifting portfolio allocations and falling commodity prices meanperformance in manufacturing exports will be key for EMFX. Insofar as exportsfollow the law of one price,
China PBOC Expands Market Ops, Sees Recent Yuan Moves Normal
China PBOC Expands Market Ops To Counter Liquidity Inflows The People’s Bank of China expanded the scope of its efforts to remove liquidity from
China – December credit growth slows while FX reserves jump
China – December credit growth slows while FX reserves jump
CNY: Modest forecast changes
Due to the time factor (time flies!) we make a modest change to our CNY forecast, where we expect slightly stronger CNY vs. the USD than our September forecast.
The Australian economy & financial markets in 2014
The US, EU and Asian economies have shown an improving growth outlook in recent months that should carry into 2014. It hasbeen a positive development for financial markets to see downside growth risks and volatility receding.
China Economic Comment
As the Chinese economy enters a transitional phase in its development, many are now questioning what this will mean for its future economic performance.
China Q3 GDP – target this year is saved
Just as most macro indicators have been suggesting for the past couple of months, the Chinese economy has stabilised during Q3 and growth accelerated to 7.8% y/y,
BIS banter
Last month the BIS released its triennial survey charting FX volumes acrosscurrencies, counterparties and products.
The Week Ahead in FX
In the week ahead, investors will be focusing on Friday’s U.S. nonfarm payrolls report, for indications on whether the economic recovery is sufficiently strong for the Fed to