China Renminbi – Consensus Creamed (Again)
If one currency has surprised the markets (and consensus bets at the beginning of the year) it is the renminbi. In early January the only currency...
142 Views
What Happens When China Cuts the RRR and Interest Rates?
With the recent announcement of an impending RRR cut, we take a look back at previous changes in interest rates and the required reserve ratio....
133 Views
Behind Chinese Money Rates with the RRR Cut
China’s money markets, which typically tighten pre-major holiday, showed little signs of stress. Though the interbank liquidity bounced back...
136 Views
USD Reversal Will Push the RMB and Onshore Rates
There has been much discussion on the link between the RMB and USD. We have already focused on the expected direction on the USD and RMB, the...
140 Views
What Is the Impact of Federal Reserve Balance Sheet Reduction on the RMB?
In the coming days and weeks the Federal Reserve is expected to begin unwinding the its balance sheet from quantitative easing. After raising...
106 Views