The Chinese yuan and their 6 rate cuts this year including 1 devaluation is still errr, the 5th best performing currency in the world of trade-able currencies this year against the mighty USD… Continue reading
Every now and then it is nice to go out and so I was taken to Shanghai Dolly last week by an over enthusiastic friend who was quite sold on the popular band… Continue reading
What a week for China starting with 3 days of continuous devaluations to end with a chemical blast in Tianjin port, the 10th largest in the world, that last left many dead or… Continue reading
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
And China makes another move to global reserve currency status, widening of the trading range of the CNY, a step in the right direction on market liberalisation despite IMF’s criticism of their “market… Continue reading
Yes. We saw another week of losses in the Chinese stock markets for another “biggest loss in 7 years” headline. After last week’s 7 year high to be followed by the biggest 7… Continue reading
A new 7 year high in the Shanghai Composite for 5 weeks running since mid May despite a record US$9 bio outflow from EM stock funds this week driving the A-shares H-shares premium… Continue reading
The US Vice Presidential Election and The Future of USD
byThis post was published first in http://www.ezfx.com and reproduced with permission. We know that the US elections is affecting more people than ever this time when Singaporean and Malaysian taxi drivers have… Continue reading →