China's Banks Are Less Risky Than You Think
Contrary to the market, we believe the potential credit loss to the system is manageable and the capital shortfall should be gradually absorbed by...
174 Views
The RMB Under Pressure and Good Trade Options
Despite continued insistence by the PBOC that there is “no basis” for continued depreciation, the RMB continues to depreciate. What makes this...
146 Views
Largest Decline in RMB Fix Since August 11
The PBOC has set the RMB fix significantly lower at 6.6375/$ which is the biggest one day change in the RMB since August 11. This is a decidedly...
159 Views
Vietnam Far From UK, with Meagre NPL Growth
We are convinced that the last insight people want is about Brexit. We turn our attention to Vietnam’s banks, which are showing the best NPL ratio...
354 Views
The RMB After Brexit: What Can We Expect Today
The Brexit vote has thrown global markets into turmoil. The GBP/USD peaked at 1.50 before dropping below 1.35 for daily move twice the worst move...
253 Views