Chinese Swaps: Bullish Reaction Expected
The market is in a consolidation since May 2017, with an acceleration since June 2018. 3.00% is a key graphical level. The mathematical indicators...
275 Views
Growing Risks of a Crisis of Confidence in Chinese Policy Settings
The increasing frequency with which Beijing switches from enforcing greater financial discipline to implementing monetary and fiscal stimulus...
281 Views
CNY Game Changing Pivot
Given the USD/CNH rise is moving into extended territory, some key pivot support levels are worth monitoring that would induce an exodus from this...
266 Views
A Case For US/China Trade War Compromise
* New proposed US tariffs of 25% is motivated in large part by the recent depreciation of the CNY; * F/X Reserve Data Likely to Come in Weaker Than...
242 Views
Is the PBOC Devaluing the RMB?
There is no reason we believe that the RMB is facing or is currently in devaluation. While it is fair to watch for RMB devaluation going forward,...
402 Views