Tag Archive: PBOC

CHINA FOCUS : WAR HEROES AND ENEMIES OF THE STATE

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A friend sent me this photo of the Chinese parade on Friday with incongruous blue coloured tanks which I thought would be a good camouflage assuming tanks could fly in the “blue sky”… Continue reading

China Focus : Piggy Back On The Green Back

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I wonder if I had missed writing China over the weekend because of some inner psychic that saw today’s devaluation move but if it was so, then I would like to smack that… Continue reading

CHINA FOCUS : Doing Their Own Thing As A New Global Leader

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China came  back strongly on Wednesday, her equity markets logging in gains to close the week up and for the CNH to close the gap against the CNY, strengthening, of course, as the… Continue reading

My USDSGD Monetary Policy Statement Piece – Forward Guidance Please

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CONTINUED FROM Random Thoughts : Temasek, Olam and Watsons – When It is So Dumb, It Must Be Smart Recap.. My initial thought was that Temasek is getting out of SGD because Olam… Continue reading

Lunch With Legends, The Take On USDJPY And More

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It makes me feel important when I spend time in the company of market legends because their aura rubs a little off onto little old me and I feel taller sometimes, which had… Continue reading

Made in China Is Not Bad – USDCNY

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China is wasting no time searching for a missing planeload of Chinese nationals and widening their currency band all at once, right before the Crimean vote today. March 15 (Bloomberg) — China will… Continue reading

The Grip Of Paranoia, Libertarians and Insanity

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Market is talking about the suicide of a trader or salesperson in Hong Kong as was reported in the SCMP and Apple Daily. http://www.scmp.com/business/banking-finance/article/1430296/man-leaps-death-jp-morgans-headquarters-central The word is that he was just 33 and… Continue reading

Ad Hoc Commentary – as China stops buying accumulating USD reserves, USD will first strengthen before declining

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“It’s no longer in China’s favor to accumulate foreign-exchange reserves,” Yi Gang, a deputy governor at the central bank, said in a speech organized by China Economists 50 Forum at Tsinghua University yesterday.”… Continue reading

Chinese Tapering While The World Eases

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It is easy to ease but hard to taper – just look at the Fed. The mini liquidity crunch in China appears to be expected even as CNY fixes to a new record… Continue reading