Yuan depreciation strains China property market
Jan 26, 2016 08:11 am UTC| Commentary Economy Real Estate
Since the beginning of the year, depreciation in Yuan rattled global markets. As of now, Yuan is trading at 6.57 per Dollar, down 1.25% this year and 6% in last six months. While some might consider depreciation of Yuan...
Renminbi series – Expect large size easing from PBoC
Jan 25, 2016 08:13 am UTC| Commentary Central Banks
Peoples Bank of China (PBoC) has been easing monetary policy since late 2014 mainly using reserve requirement reduction and reduction in policy rates. It has also announced other policy measures such as LTV ratio to ease...
Renminbi series - Chinese economy heads to recession in Dollar terms
Jan 25, 2016 07:00 am UTC| Commentary
According to latest data released by Chinas National Bureau of Statistics (NBS), economy grew 6.8% from a year ago in fourth quarter. Though it below expectations of at least 6.9% but it is higher than 6.5% target to be...
Who will suffer from Renminbi depreciation?
Jan 19, 2016 13:35 pm UTC| Commentary
We, at FxWirePro, have been arguing significant depreciation in Renminbi, while could be good for Chinas slowing economy, it may not bear well for global economic growth. China has a ready export oriented economy, so will...
PBoC likely to ease monetary policy before Chinese New Year
Jan 14, 2016 09:28 am UTC| Commentary
The Peoples Bank of China has injected CNY 160bn through 7-day reverse repos today in the morning. Moreover, in a bid to cool the market fears, the central bank sent USD-CNY fixing rate 14pips lower. However, there were...
Stay Short on EM currencies in Q1 2016
Jan 13, 2016 15:06 pm UTC| Commentary
Emerging market currencies will stay weaker in the first quarter at least on more volatility in Chinese markets. Weakness in Chinas economy is nothing new, but this combined with the proposed end to the equity selling ban,...
China’s exports rise in December – Yuan effect?
Jan 13, 2016 07:10 am UTC| Commentary
Chinas exports unexpectedly rose in December for first time since June last year, however gains remain mute compared to sharp rise in January last year. According to National Bureau of Statistics China, December exports...
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