If It Was A Rally In Chinese Stocks, Yuan You Were Looking For, You Got One
Now let’s see if this proves sustainable.
Now let’s see if this proves sustainable.
You better hope that trade “deal” isn’t “fake news”…
“It’s only a matter of time.”
“…it would have a psychological impact on people.”
Don’t make Xi have to arrest you, ok?
Where is the “National Team”?
De-dollarization anyone?
The policy divergence between the Fed and the PBoC just got wider.Â
“Avoid herd behavior.”
The fix is in.
Trying to process the kind of narcissistic delirium that’s behind this “strategy” is quite challenging.
“…the three channels of downward pressure on the RMB are now restricted.”
I think the “oranges” may “know” more than they think.
If you’re looking for clues as to where the yuan goes next, watch the CCAF.
“Easy to win” – with Chinese characteristics.
Never a dull moment for the greatest show on Earth.
Waiting on intervention that never seems to come.
Call it “passive aggressive.”
“Totally unacceptable”…
Sell on any strength.
“…policymakers believe some yuan depreciation is okay, but they don’t want to see it falling below 6.9.”
“…we’re paying close attention to that.”
It may be a different day, but it’s the same story for Chinese assets and that’s not the best news.Â
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