The Chinese yuan’s rally in 2017 started from the introduction of a counter-cyclical factor in daily fixing in May.
Weakness in iron and copper prices and tensions with china could weigh on Australian dollar, short AUD/JPY?
How will the Jackson Hole meeting affect price movements?
If Powell were to signal another two rate hikes towards the end of year, short EUR/USD?
The uncertainties are high as tariffs arrive, short AUD/USD?
With Australia’s job market edging towards full employment, short GBP/AUD?
The crumbling of Turkey’s economy could drag eurozone down, short EUR/USD?
Our Chief Strategist, Jimmy Zhu, appeared LIVE on International Channel Shanghai to share his views on the two-year government bond futures that launched in Shanghai, China.
Solid China trade data would normally offer some support to the Chinese yuan, but that may not always be the case. Find out the reasons as to why solid trade data could put pressure on the yuan in this article by Jimmy Zhu. Read the full article here.
RBA is positive on Australia’s economy and plans to raise rates in 2019, long AUD/NZD?