Stay Up to Date with Robin's Market Updates

By providing us your personal data (i.e. name, email address and phone number), you acknowledge and consent to our collection of your personal data for the purposes listed below: • Sending you marketing, advertising or promotional materials related to the content of this website, whether by call, text or email; • Provision of products & services which you have requested for. Please note that you are entitled to withdraw your consent for the collection of your personal data at any point in time by clicking on the "unsubscribe" link in the emails you receive. You may also contact us via

Friday, December 16, 2016

RMB is Racing to 7.15 Against the USD

Fear of RMB devaluation and Fed hawkish outlook on interest rates is accelerating RMB outflow from China. China markets have been weak despite recent good economic data especially the PPI that has turned positives for the past 3 months. PPI inflation accelerated from 1.2% in Oct to 3.3% YoY. The turned of the PPI is positives because it is an early sign that the Chinese economy is turning around. However the monetary tightening environment is putting a bearish tone on the Chinese market.

For Illustration Purpose Only
All posts and charts are for educational and illustration purposes only

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.