Daily BriefsMacro

Daily Brief Macro: CX Daily: China’s Money-Losing IPO Fever Breaks and more

In today’s briefing:

  • CX Daily: China’s Money-Losing IPO Fever Breaks
  • FX Nugget: Can the PBoC defy gravity? 7.30 watch


CX Daily: China’s Money-Losing IPO Fever Breaks

By Caixin Global

  • IPO /: China’s money-losing IPO fever breaks
  • BRICS /: BRICS leaders to discuss expansion of the bloc, top Brazilian diplomat says
  • Property /: Property investment slid further in July amid weakening market

FX Nugget: Can the PBoC defy gravity? 7.30 watch

By Andreas Steno

  • Our new “Nugget” concept is designed to deliver the very best charts and visualizations of key macro topics in a very palatable way.
  • One nugget, one chart – and only very few words!
  • Nugget 1: USDCNY decides risk assets from here. The USDCNY is the most critical global bellwether at this juncture and the path ahead for risk assets is dependent on the PBoC now.

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