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
Fed Rate Hikes, the RMB, and Capital Controls
Recent news of the PBOC ending the NDF reserve requirements seemed to have an immediate impact on the USDCNY. The RMB fell in value and causing...
126 Views
What Happened to Chinese Money Markets?
Despite the typically staid reputation around the world, in China money markets are part of the front line of any economic or policy changes in...
91 Views