Chinese and Japanese Officials Started Offensive to Prevent Further Currency Losses
Markets The path of least resistance on yields markets on Friday still was south. Investors […]
Renminbi (USDCNH) Bullish Corrective Sequence Still Incomplete
In the last years, the renminbi made a pause in his attempt to get stronger […]
China announces historic reduction in benchmark mortgage rates, Yuan higher
In an effort to revitalize its beleaguered property sector and inject vitality into the broader […]
A Dovish Fed Guidance May Not Reverse the Rout in China and Hong Kong Stock Markets
China and Hong Kong benchmark stock indices have almost erased last week’s gains. NBS Non-Manufacturing […]
PBoC holds 1-yr and 5-yr LPR steady
People’s Bank of China announced today that it would maintain one-year loan prime rate at […]
Tranquil Opening to a Data-Heavy Week: Major Data from US, UK, Japan Featured
The forex markets commenced the week on a relatively quiet note, despite generally positive risk […]
Contrary to market expectations, PBoC maintains MLF rate but increases liquidity
Despite the anticipation of a rate cut to bolster the weakening economy, currently grappling with […]
China’s Rise To The World’s Largest Economy Is Delayed
Summary The U.S. economy remains the largest economy in the world. But, will the U.S. […]
Yen dominates December as best performer on BoJ expectations
Japanese Yen is poised to be December’s best performer in the currency markets. Its strength […]
Risk-On Wave Sweeps Markets, Stocks Hit Records, Dollar Declines
The financial markets concluded last week on a robust risk-on sentiment, driven primarily by the […]
Yuan rebounds on PBoC’s aggressive fixing and state-owned banks’ support
Chinese Yuan rebounded significantly in Asian session, sparked by PBoC’s unexpectedly strong daily fixing. The […]