Tags » Yuan

A Royal Shakeup, China's Big Day Falls Flat, Crude Reality Bites

Ok, well for obvious reasons, the headlines overnight pretty much all revolved around:

  1. Saudi Arabia
  2. China
  3. Oil

In Riyadh, Mohammed bin Salman consolidated still more power after replacing his cousin Muhammad bin Nayef as heir to the throne. 858 more words

10Y

MSCI China Inclusion: The Road To $430 Billion In Inflows

Earlier this evening, MSCI (finally) gave China the thumbs up with regard to the inclusion of A shares in benchmark indices.

The yuan got a quick boost from the news and while we noted that “this might not be very momentous given the ‘watered down’ character of MSCI’s plan,” it’s nevertheless welcome news for Beijing who will take all the inflows they can get. 767 more words

China

Dollar Is Happy, Pound Is Sad, And There's Some Yuan Shenanigans Afoot

It’s about Dudley for the dollar which rose to a three-week high versus the yen overnight.

As usual, it was a good cop/bad cop type of deal on Monday with Evans coming across as some semblance of dovish yesterday evening (“could delay next hike until December to assess data”), but Dudley’s “need to do it now so we don’t have to slam on the brakes later” soundbite combined with his contention that “the economic expansion has a way to run and that wage growth is likely to quicken,” supported the greenback. 592 more words

S&P 500

China Toughens Punishment For Stock Market Irregularities

(THIS ARTICLE IS COURTESY OF THE SHANGHAI DAILY NEWS)

China toughens punishment for stock market irregularities

Source: Xinhua | 14:52 UTC+8 June 17, 2017 | ONLINE EDITION… 185 more words

China

China Didn't Pull The Trigger: Here's Why

Yesterday, we suggested that the most important question wasn’t whether the Fed would put a dovish spin on the June hike, but rather whether China would follow up with their own hike hours later. 548 more words

China

Carrefour pulls dog meat from shelves in China

(Source: www.channelnewsasia.com)

BEIJING: French retailer Carrefour has removed dog meat products from two supermarkets in China after an outcry from animal rights groups.

Animals Asia said it had already asked the international chain, which operates over 200 stores in China, to remove dog meat from its shelves in 2012. 305 more words

Current Affairs

China’s flexible in how it deals with yuan value

This article appeared originally in Gulf News: link to original article

Will China ever float its yuan? Officially, there is no peg to the US dollar. 644 more words

Published Articles In Gulf News