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Tuesday, June 18, 2019

Tag: yuan

Yuan’s rough month sets stage for China to rethink key 7...

The falling yuan has made holding Chinese assets less appealing to foreigners.

China stocks surge as state swiftly steps in to support market

China's yuan strengthened, this comes just hours after the United States imposed a 25% tariffs on China. 

China is armed with powerful market weapons in duel with Trump

'Matching the US dollar-for-dollar on the US tariffs would imply raising a 25% tariff on all US imports, including those that go into China’s exports.'

Worst Yuan drop since 2016 catches options traders off guard

'Investors will remain bearish on the yuan, as they reprice in trade-war risks because the new developments are a reversal of previous positive progress.'

Yuan gains seen capped as China pushes against US demands

It is said that the Yuan from its current 6.65-to-6.90 range against the dollar is limited for now.

China pushes against US trade demands on enforcement

People’s Bank of China Governor Yi Gang said the that US and China have reached consensus on many crucial issues, including stepping away from competitive devaluation of currencies.

China will not devalue renminbi to spur exports

Yi Gang said that China will never use the exchange rate for competition reasons, or to increase China's exports, against what President Donald Trump is accusing China of.

Yuan, US stock futures advance on trade optimism

Signs of progress between Beijing and Washington may help revitalise a rally in global equities that’s shown signs of stalling over the past week.

All the ways China influences the yuan, and how to monitor...

The yuan is subject to a hard-to-understand system in which the central bank fixes daily reference rates, and is frequently cited as influencing intraday trading as well.

US-China said to be haggling over how to enforce currency pact

Treasury Secretary Steven Mnuchin touts the currency pact as the strongest ever, though he offered no details, following two days of high-level talks in Washington between US and Chinese officials.

China c. bank adviser says China should defend yuan at 7...

The Chinese currency has lost nearly 7% of its value to the dollar since the beginning of this year.

China’s Yuan drops to a decade-low, 7 per dollar now in...

The currency declined 0.11% to 6.9695 per dollar as of 10.04am in Shanghai, within 0.5% of 7 – a level hasn’t been reached since the global financial crisis.

Ringgit dalam aliran menurun berbanding dolar AS minggu depan

Faktor luaran seperti kebimbangan mengenai perang perdagangan dan pertumbuhan global turut menjejaskan ringgit.

US draws China FX into trade dispute as IMF calls for...

The Fund's member countries agreed to debate ways to improve the World Trade Organization so it can better address trade disputes.

JPMorgan sees all-out US-China tariffs, lowers yuan call

For Chinese stocks, which have entered a bear market even as US benchmarks climbed to record highs, the outlook depends on the country’s success in stoking consumption and sectors including technology and e-commerce.

JPMorgan says US-China tariffs to go all out, lowers yuan call

The People’s Bank of China will probably pursue a looser monetary policy to shore up growth in face of the threats to trade, according to the analysis.

China, HK stocks climb on hopes of fresh US trade talks

China said it welcomed the US invitation but it was unclear when the discussions would be held.

Yuan trading is busier than ever as Trump targets China on...

The volumes, which represent a portion of the offshore yuan market, surged as the yuan slid for a fourth straight month.

Time is ripe to buy China sovereign debt

The US- China trade war may escalate as the closely watched US-China negotiations last week yielded no major progress.

Chinese households shrug off depreciation fears to embrace yuan

The yuan has been Asia’s worst performer since March, but there is no sign of the kind of panic exhibited by the exodus of capital after China’s surprise yuan devaluation in 2015.

Yuan bears squeezed as cost to short surges most since 2016

The cost of bearish wagers on the Chinese currency soared the most since January 2016 on Thursday.

China markets slide as Yuan falls past 6.9, Tencent drags stocks

China’s currency has slumped 7.6% over the past three months as the worst performer in Asia amid China’s trade spat with the US and a slowing economy.

China shouldn’t rapidly push internationalized yuan, Zhou Says

Promoting the yuan’s global role requires freer use of the currency and exchange rate reform, which may need trade-offs with other priorities.

The data you need to watch to predict where the yuan’s...

The yuan will likely be supported by an improvement in the economy through year-end and an inflow of money as foreign investors buy onshore bonds.