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MNI ANALYSIS: US, China Equity Reversal.......>

CHINA
CHINA: MNI ANALYSIS: US, China Equity Reversal Needed To Turn USDCNH
- A reversal in Chinese equity underperformance is needed to prevent another leg
higher in USDCNH, although even this may not be enough to trigger a reversal of
the pair if U.S. real rates continue their relentless rise. It could take a
combination of flat or falling U.S. stocks and simultaneously rising Chinese
stocks to trigger a yuan recovery.
- For full story see MNI E-Mail at 03:25 BST 10/19, or contact us for access.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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