Or “burns” – whichever.
Category: yuan
Albert Edwards: ‘It’s Difficult To See How The Renminbi Can Do Anything Other Than Fall Sharply’
“And with the Fed heading decisively in the opposite direction, is it any wonder the renminbi slumped in June?”
The Ghost Of 2015: China’s Stock Selloff Conjures Memories Of Nightmare Summer
“Things are getting quite exciting.”
The Art Of Currency And Trade War: Inside China’s Thinking On The Yuan
“…policymakers believe some yuan depreciation is okay, but they don’t want to see it falling below 6.9.”
The PBoC Is ‘Paying Close Attention’ To The Yuan, And They Would Hate To Have To Sell Some Treasurys, Ok?
“…we’re paying close attention to that.”
China And The ‘FX/Liquidity Contradiction’
“… a riddle, wrapped in a mystery, inside an enigma.”
‘It Would Be A Bad Time To Buy Right Now’: Anyone Want To Catch A Falling Knife In Chinese Stocks?
Let’s just say Chinese stocks did not start July on a positive note.
Yuan Dive Continues
It may be a different day, but it’s the same story for Chinese assets and that’s not the best news.Â
‘People Are Getting Into A Bit Of A Panic Now’: Yuan Dive Spooks Markets As H-Shares Meet The Bear
So yeah, this is some reasonably harrowing shit – to the extent it makes sense to use “reasonably” with “harrowing.”Â
No Soup For You!
Misplaced optimism. Across the board.
‘Had He Acted Like Trump Markets Would Have Been Upset’: Xi Tries To Put Out Trump’s Dumpster Fire
“It’s a good thing Xi is bringing this tone to it because markets would be very upset if he played it like Trump.”
Bad Moon Rising.
Can you feel the tension?
‘Things Could Look Like 2015 Again’: China Said To ‘Study’ Yuan Devaluation To Counter Trump
“There are no good options”.
War And (No) Peace: Full Week Ahead Preview
Say your prayers.
Going Nuclear? Goldman Warns China May Soon Be Forced To Depreciate Currency, Sell Treasurys
“…there are simply not enough US exports to retaliate against.”
‘Let’s Get Out And Take A Breather’: A Look Across Asian Markets At Quarter End
“…we need some market stability at this point and hopefully we get to some calmer waters.”
‘All Bets Are Off’: Bloodbath In China, Hong Kong As Trade War Spirals
But hey, at least it’s Friday, right?Â
High Note.
And so the holiday-shortened week comes to a close and it delivered everything that could have been reasonably expected of it.
Yeah, So China’s Yuan Just Plunged The Most Since The Devaluation
Ok, well the yuan plunged overnight.
Davos Man.
Well, that didn’t disappoint.
The Gun’s Not Loaded!
“Stirred, in a half-carafe.”
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