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Category: yuan

Big Week Starts With Key Assets Looking To Retrace 2019’s Trade War Moves

January 13, 2020January 13, 2020

As Trump would say: “We’ll see what happens”.

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3 Comments on Big Week Starts With Key Assets Looking To Retrace 2019’s Trade War Moves

As Stocks Power To Nosebleed Levels, Even Jeremy Siegel Is Worried

January 9, 2020January 10, 2020

Spoiler alert: It’s been a “momentum-driven market” for a long, long time, Jeremy.

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2 Comments on As Stocks Power To Nosebleed Levels, Even Jeremy Siegel Is Worried

Can China Keep Easing Without Irritating Donald Trump?

January 2, 2020January 2, 2020

Tug-of-wars are inherently unsustainable.

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China Orders All Loans Priced Off Revamped Rate, Ditching Old Benchmark For $21.7 Trillion In Credit

December 28, 2019December 28, 2019

Starting next month…

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1 Comment on China Orders All Loans Priced Off Revamped Rate, Ditching Old Benchmark For $21.7 Trillion In Credit

What To Know About The Biggest Chinese Liquidity Injection Since January

December 19, 2019December 19, 2019

It’s worth taking a few minutes to understand the specifics.

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‘Run-Bull, Run’

December 16, 2019December 17, 2019

“Our policy machinery is going full speed ahead”.

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1 Comment on ‘Run-Bull, Run’

China Deal ‘In Principle’ Turbocharges Stocks, Sends Bonds Tumbling

December 12, 2019December 12, 2019

High drama, as General Trump engages in all-day brinksmanship before signing off on the deal.

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1 Comment on China Deal ‘In Principle’ Turbocharges Stocks, Sends Bonds Tumbling

Trump Is Winning The Financial Asset War With China. Time For Another Escalation?

November 29, 2019November 29, 2019

After all, we’re “playing with the house’s money”.

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It’s ‘Wait-And-See Mode’ For Ebullient Markets As New Week Dawns

November 17, 2019November 18, 2019

There’s plenty of optimism, but when it comes to trade, market participants are understandably jaded.

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China Gunning For Meaningful Tariff Relief In Exchange For Deal, Yuan Surges Past 7

November 5, 2019November 5, 2019

A “necessary condition”.

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US Could Roll Out Currency Pact With China As Part Of Limited Trade Deal: Reports

October 9, 2019October 9, 2019

The headline hockey continues.

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US-China Trade Talks Resume Under Shadow Of Threats, Political Turmoil

October 6, 2019October 6, 2019

The conditions are anything but ideal. 

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1 Comment on US-China Trade Talks Resume Under Shadow Of Threats, Political Turmoil

A ‘Disastrous Non-Starter’: China Capital Restrictions Idea Laughed Off Stage

September 28, 2019November 21, 2021

“The timing is terrible”.

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4 Comments on A ‘Disastrous Non-Starter’: China Capital Restrictions Idea Laughed Off Stage

Global Currency Wars – In The Trenches

September 14, 2019

Hunker down.

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1 Comment on Global Currency Wars – In The Trenches

Expect More Late-Night Tweets, Because China Will Be Cutting Another Key Rate Soon

September 8, 2019

Friday’s RRR cut presages more easing – it’s just a question of timing.

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1 Comment on Expect More Late-Night Tweets, Because China Will Be Cutting Another Key Rate Soon

China’s Export Machine Slams Into Reverse In August Amid New Trade Threats

September 8, 2019

We’re going to need more easing.

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China’s Black Swan Yuan Fixes Are The Market’s New Plunge Protection

September 1, 2019September 1, 2019

That, the bank marveled, “is a 6 standard deviation move”.

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1 Comment on China’s Black Swan Yuan Fixes Are The Market’s New Plunge Protection

Don’t Look Now, But China’s Yuan Just Dodged Its Longest Losing Streak On Record

August 29, 2019November 18, 2021

A stick save, as it were.

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‘Today’s Fix Blows Previous Ones Out The Water’: Analysts Question Sustainability Of Yuan Strategy

August 28, 2019August 28, 2019

A tenuous decoupling.

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3 Comments on ‘Today’s Fix Blows Previous Ones Out The Water’: Analysts Question Sustainability Of Yuan Strategy

The History Of Trump’s Stock Market Will Show ‘A Major Inflection Point’ On This Date…

August 26, 2019August 26, 2019

History will likely do as Trump asks and “judge” his market record “from the day after the election”. The bad news is…

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7 Comments on The History Of Trump’s Stock Market Will Show ‘A Major Inflection Point’ On This Date…

Offshore Yuan Dives To Record, Dollar-Yen Breaches Flash Crash Lows Amid Trade Woes

August 25, 2019August 25, 2019

It starts in FX land.

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5 Comments on Offshore Yuan Dives To Record, Dollar-Yen Breaches Flash Crash Lows Amid Trade Woes

China Escalation Piles Pressure On Powell To Blunt Impact Of Latest Trade Tiff

August 23, 2019

Maybe it’s all part of the administration’s “master plan”, but we doubt it.

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No More Saving For A Rainy Day, China ‘Has To Resume Headline Easing Soon’, SocGen Warns

August 14, 2019August 15, 2019

“Targeted measures are clearly insufficient to stabilize even credit growth, never mind the real economy”.

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4 Comments on No More Saving For A Rainy Day, China ‘Has To Resume Headline Easing Soon’, SocGen Warns

US, China Engineer Massive Yuan Rally, Stock Surge, But Fed Outlook Still Cloudy

August 13, 2019August 13, 2019

The cross-asset reaction to the latest tariff news was quite dramatic.

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7 Comments on US, China Engineer Massive Yuan Rally, Stock Surge, But Fed Outlook Still Cloudy

Black Swans Crash Summer Dog Days For War-Weary Markets

August 11, 2019August 11, 2019

Or, at least, gray rhinos.

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Former Chinese Central Bankers Say Currency War Risks Rising, Official Warns Of ‘More Measures’

August 10, 2019August 10, 2019

Meanwhile, the People’s Daily is on offense.

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‘Hang On!’ Peter Navarro Will Never Test Sara Eisen On Currency ‘Manipulation’ Again

August 9, 2019August 9, 2019

“Why is that ‘clearly they’re manipulating”?

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