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Showing 61 - 70 of 294 results for "Yuan"

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 8 DEC 2016
... the fifth straight month of decline and is reportedly due to the Chinese central bank's sales of US dollars to support the yuan. China's foreign exchange reserves peaked at US$3.993 trillion in June 2014. Japan cash earnings Latest wages data suggest ...

Slow, slower, slowing

BENJAMIN ONG  |  MONDAY, 10 OCT 2016
... "prowess" - for no one can claim perfect foresight -- my histrionics are about the trillions of dollars, euros, yens, pounds, yuan's and other currencies deployed by central banks to grow economic growth and inflate consumer price inflation. Don't get ...

K2 hurt by Brexit call

DARREN SNYDER  |  WEDNESDAY, 10 AUG 2016
... to lift its official cash rate in December 2015, however it did not expect the People's Bank of China to then devalue the Yuan against the US dollar and "this caused significant market dislocations." "While there has been a significant amount of noise ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 7 JUL 2016
... sectors of the domestic economy. Future readings should reveal the first order impact of Brexit on these sectors. PBOC fixes yuan down The People's Bank of China (PBOC) once again recalibrated the yuan's exchange versus the US dollar, fixing the mid-point ...

Brexit - the Australian connection

BENJAMIN ONG  |  MONDAY, 27 JUN 2016
... against the currencies of our top three export markets (2015) - down 1.1% versus the US dollar; down 0.6% against the Chinese yuan; down 4.5% vis-A -vis the Japanese yen. And while the local currency went up against the British pound - up 7.3% -- and ...

Parting could be such sweet sorrow

BENJAMIN ONG  |  MONDAY, 20 JUN 2016
... the referendum. For perspective, the VIX index reached 40.74 back in August last year following China's devaluation of the yuan and the sharp fall in its stock market. It was at 28.14 in February this year on worries over global growth, dropping commodity ...

Australia on top

BENJAMIN ONG  |  MONDAY, 6 JUN 2016
... raison d'etre for the latest BOJ and ECB QEs and negative interest rates. Tis the reason for China starting to guide the yuan lower (again). Tis the reason behind the US Treasury complaining about the "the [Australian] authorities' public statements ...

Time to fear the no "fear gauge"?

BENJAMIN ONG  |  MONDAY, 30 MAY 2016
... August last year and before it jumped to a high of 40.74 in the latter end of the month (due on the main by the surprised yuan devaluation and, dare we say it, speculation of Fed rate hike coming soon). Depending on which side of the fence you sit, it's ...

No more tears?

BENJAMIN ONG  |  MONDAY, 18 APR 2016
... strength prompting capital outflows out of emerging markets; made more pronounced by even stronger yen; even more by threat of yuan depreciation to keep the Chinese economy from landing hard; crude oil will become nearly gratis with prices expected to ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 8 APR 2016
... growth which have impacted on demand for rental accommodation." China foreign exchange reserves A weaker US dollar, tighter yuan restrictions and relative calm in the country's equity market and a more positive outlook - Caixin/Markit China composite ...