Growth of PBOC Official Reserve Assets
Full year data for PBOC Reserve Assets was released recently. After a slight decline in the beginning of 2017, PBOC Reserve Assets grew throughout...
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Week Ahead in Global Macro: US Stopgap #5, UST Auctions, RBA, RBNZ, BOE, China Trade, Phils. BSP
Executive summary: Our guide to this week’s global macro risk events and trading opportunities. Trade ideas: We position for a policy-driven...
255 Views
China and the Secular Stagnation of the West -- The Eventual Blowback Isn't Far Away
In 2001-05, China bailed out its banking system by taking nearly 45% of all loans off banks' books (at face value, i.e., with no hair-cuts for past...
133 Views
Week Ahead in Global Macro: Last Yellen FOMC, US Treasury Funding, Eurozone GDP/CPI, US Jobs
Executive summary: Our guide to this week’s global macro risk events and trading opportunities. This week in trade ideas, we turn long EUR-USD...
231 Views
RMB Surge Above 6.35 Likely to Trigger PBOC
The RMB market has been strained the past two weeks as the RMB moved higher against the USD due to the USD fall. The CNY has now broken 6.36...
114 Views