Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- Political RiskPolitical Risk
Intelligence on key political and geopolitical events around the world.
- About Us
CHINA PRESS: The yuan may continue to depreciate and test the 6.9 level this
week, as the PBOC seems inclined to let the market set the prices and focus on
balancing internally, China Securities Journal reported, citing unidentified
market participants. China's relatively small size of forex reserve, strong U.S.
economy and the euro zone's dovish monetary policy may result in a strong U.S.
dollar and downward pressure on the yuan in the third quarter, the newspaper
said citing a research report by Ming Ming, chief economist of Citic Securities.
China should reintroduce the countercyclical factor in the pricing mechanism of
central parity rate to secure the bottom of the exchange rate and prevent the
extent of the depreciation, the newspaper said citing Ming.