-
Recent Posts
Recent Comments
perry11 on Update: Embarking on a New… John Soh on Update: Embarking on a New… Archives
Tag Archives: pboc
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
Posted in Uncategorized
Tagged 6.70, cfets, chengdu, depreciation, fixing, g20, pboc, renminbi, rmb, turkey, usdcnh, usdcny, yuan
Leave a comment
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
Posted in Uncategorized
Tagged 10y, boe, brexit, cfets, economics, finance, macro, markcarney, pboc, rates, uk, ust
Leave a comment
Can China escape the Triffin Dilemma?
Being a reserve currency comes with a host of benefits and costs. Arguably, the most important reason for China is the associated prestige and symbolism the SDR brings. As China seeks to extend its international political capital, they will essentially be granting … Continue reading
Posted in Uncategorized
Tagged china, economics, finance, fx, macro, pboc, reserves, sdr, usdcnh, usdcny, xi jinping, zhou xiaochuan
Leave a comment