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Tag Archives: cfets
Brief Note: What’s in PBoC playbook?
The PBoC could’ve easily set their fixing above 6.7 last week on the back of a stronger dollar. This is the perfect excuse to go beyond the psychological barrier of 6.7 – to protect the credibility of the market-based fixing … Continue reading
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Tagged 6.70, cfets, chengdu, depreciation, fixing, g20, pboc, renminbi, rmb, turkey, usdcnh, usdcny, yuan
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Commentary: Brexit Forgotten
It’s has been a good run week for global investors as markets forgave the voters of UK and quickly erased all losses post-Brexit, lest cable. After a further sell-off on Monday, markets have been rallying for the rest of the … Continue reading
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Tagged 10y, boe, brexit, cfets, economics, finance, macro, markcarney, pboc, rates, uk, ust
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