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Category: renminbi

Euro Surges On Draghi’s “Three Messages,” Dollar Eyes Janet, Yuan “Suddenly” Jumps

June 27, 2017

Boy, I’ll tell you what, if you’re a central banker and you’re going to say

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“Bigly”: Reflation Is Back As Dollar Rises, Global Stocks Rally, Oil Eyes EIA Data

February 15, 2017

Apparently, reports of the reflation meme’s demise were greatly exaggerated. It wasn’t too long ago

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oil, OPECLeave a Comment on “Bigly”: Reflation Is Back As Dollar Rises, Global Stocks Rally, Oil Eyes EIA Data

Markets Relieved After Trump/Abe Meeting, Reflation Narrative Intact

February 13, 2017February 13, 2017

Well, it was all aboard the reflation train right out of the gate in early

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oil, OPEC1 Comment on Markets Relieved After Trump/Abe Meeting, Reflation Narrative Intact

Bad Chinese

February 12, 2017

By now, you’re probably aware that China is in a tough spot. As I’m fond

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Daily Kickstart (Chinese FX Reserves Fall Below $3 Trillion, Euro On The Back Foot, Senate Weighs Risk Of School Grizzly Attacks)

February 7, 2017February 7, 2017

The “big” news overnight should have been Chinese FX reserves just like China should be back

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Big Trouble In Little China

January 20, 2017January 20, 2017

Given that today is Donald Trump’s coronation, it’s somewhat ironic that we begin in China, where the Politburo was kind enough to tell us what they want us to think GDP is.

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China’s Nasdaq Crashes

January 16, 2017

The normalization of initial public offerings (IPOs) in China could help raise the financing efficiency

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Chart Check (Let’s All Move To Hong Kong)

January 15, 2017

Are you a Chinese citizen who wants to circumvent Beijing’s increasingly onerous capital controls on the

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It’s A “Clearly Artificial Regime”: No Love For The PBoC

January 12, 2017

Last week, we witnessed a truly epic short squeeze in Hong Kong. Soaring deposit rates,

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Tuesday Chart Check (Bitcoin Edition)

January 10, 2017January 10, 2017

Sure, many Chinese citizens are so desperate to move money out of the country that they’re

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Tuesday Chart Check (Squeeze Please Edition)

January 10, 2017January 10, 2017

Shaking out the shorts…

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Daily Kickstart (Currency Chaos Edition)

January 9, 2017

The pound gets pounded while the RMB remains volatile. The offshore yuan posted its largest two-day decline since last summer.

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Albert Edwards Wants To Know Why No One Gives A Sh*t About China Anymore

January 6, 2017

“Global markets really couldnÂ’’t seem to give a toss about events in China. Yet they should.”

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Daily Kickstart (China FX Edition)

January 5, 2017

Whither the yuan…

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These Are The Two Main “Risk Scenarios” For Markets

January 4, 2017January 4, 2017

There are a lot of things you can say about Heisenberg, but one thing you

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Here’s One More Reason To Believe China’s Currency Will Continue To Plunge

January 3, 2017January 3, 2017

Despite the Politburo’s best efforts (which now include the imposition of what amount to new capital

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2 Comments on Here’s One More Reason To Believe China’s Currency Will Continue To Plunge

Daily Kickstart (Back To Work Edition)

January 3, 2017

At long last, the holidays are over. I like the peace and quiet as much

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Why Fed Policy Mistakes Are Now Inevitable

January 2, 2017

As noted earlier on Monday evening, we’re seeing Catch-22s everywhere these days as central banks are

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Time To Throw In The Towel? China Hints At Lower Growth

January 2, 2017

In “not very exciting but nonetheless important” news, PBoC adviser Huang Yiping has gone on

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China: “No Float For You!”

December 30, 2016October 13, 2021

There’s been no shortage of speculation about the veracity of China’s GDP data which many

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How Tight Is Liquidity In China? This Tight

December 28, 2016December 28, 2016

Earlier on Wednesday I highlighted tightening liquidity in China. For anyone who missed it or

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Daily Kickstart (China Liquidity Edition)

December 28, 2016

“We again have the condition of low volume plaguing markets,” Jingyi Pan, market strategist at IG

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Presenting A Timeline Of China’s Fraught Currency

December 20, 2016

On Monday I took an in-depth look back at China’s trials and travails as they’ve played

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Monthly Letter+

  • Resignation

Recent Comments

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Monthly Letters

Resignation

January 30, 2026January 30, 2026

The Noriega Analogue

January 3, 2026January 3, 2026

Bookkeepers

November 30, 2025November 30, 2025

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