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BAML: As Reserves Fall Rapidly, PBOC May Be Forced To Abandon Yuan Defense

The high yield investment market has been a pillar of strength. Bank of America M.....»»

Category: blogSource: valuewalkJan 11th, 2017

China"s Upward Currency Manipulation Might Have To End - FX Reserves Are Falling

The general demand is that China stop manipulating the value of its currency. OK, so, let's insist upon that. The value of the yuan will fall, Chinese exports to America will be cheaper and we might well then see an increase in the US trade deficit......»»

Category: topSource: forbesFeb 7th, 2017

As Chinese Asset Outflows Monitored, PBOC Yuan Reserves Drop

Yuan reserves signalling trouble ahead? China’s foreign currency reserves fell by US$41 billion in December, a move that ty.....»»

Category: blogSource: valuewalkJan 10th, 2017

Desperate China Engineers Violent Swings In The Yuan

Beijing’s foreign reserves fall close to the danger mark. Beijing’s foreign reserves fall close to the danger mark......»»

Category: topSource: forbesJan 8th, 2017

China forex reserves fall less than expected to $3.011 trillion

China’s foreign exchange reserves fell for a sixth straight month in December but by less than expected to the lowest since February 2011, as authorities stepped in to support the yuan ahead of US Pr........»»

Category: topSource: thehindubusinesslineJan 7th, 2017

Chinese Reserves Tumble By $69 Billion, Biggest Drop Since January

While in recent months, the PBOC had tried to mask the real pace of reserve outflows, covering up the accelerated selling of US-denominated assets to defend its rapidly devaluing currency, we noted in October that using more accurate calculations, China's.....»»

Category: blogSource: zerohedgeDec 7th, 2016

China "Devalues" Yuan To Weakest Since Breaking The Peg In 2010

With offshore Yuan tumbling in recent days - echoing the collapse in US Treasury bond prices - the spread to the onshore fix appears to have forced the PBOC's hand. With a 200 pip cut in the CNY fix tonight, China has all but erased any strength in the Re.....»»

Category: blogSource: zerohedgeNov 11th, 2016

Falling Exchange Rates And Forex Reserves Are A Bad Combination For China

While the world's attention focuses on the US election this week, it is worth also keeping half an eye on the US dollar / Chinese renminbi exchange rate. Almost on cue, the PBoC set the Yuan's mid range against the US dollar at 6.7725 at market opening on.....»»

Category: topSource: forbesNov 8th, 2016

USD/CNH Eyes Upper Bounds on Fed Hike Odds

DailyFX com Fundamental Forecast for the Yuan Neutral China s Market News Yuan Borrowing Cost Soars in Offshore China s Market News Yuan Rises Foreign Reserves Fall What Are the Traits of Successful.....»»

Category: futuresSource: nasdaqSep 10th, 2016

Chinese Central Bank Crushes Yuan Shorts, Launching Bitcoin Buying Spree

With the Yuan having traded within fractions of what many consider a key psychological level for the USDCNY at 6.70, many traders expected that following the just concluded G-20 meeting in China, the PBOC would finally relent in its devaluation defense, a.....»»

Category: blogSource: zerohedgeSep 8th, 2016

China reserves at lowest since 2011 as PBOC supports Yuan

The reserves fell by $15.9 billion to $3.19 trillion in August.....»»

Category: topSource: business-standardSep 7th, 2016

The Death of Wells Fargo"s Retail Strategy

The fallout from Wells Fargos fake-account scandal has forced the bank to abandon its approach to retail banking......»»

Category: topSource: foxnews22 hr. 4 min. ago

​Textron Aviation: Jet deliveries rise, turboprops and defense fall in Q1

T.....»»

Category: topSource: bizjournalsApr 19th, 2017

PBOC Sets Yuan Parity Rate At 6.8785 Against Dollar

PBOC Sets Yuan Parity Rate At 6.8785 Against Dollar.....»»

Category: topSource: seekingalphaApr 17th, 2017

China"s Trillion-Dollar Yuan Defense Puts Growth at Risk

China has spent nearly $1 trillion—a quarter of its currency reserves—over the past 2½ years to keep its currency from falling too fast. But cash isn’t the only thing it’s putting at risk; economic growth could suffer as well......»»

Category: smallbizSource: wsjApr 14th, 2017

PBOC Finds Friend in Trump as Yuan Seen Falling Versus Peers - Bloomberg

BloombergPBOC Finds Friend in Trump as Yuan Seen Falling Versus PeersBloombergThe U.S. president's view that the dollar is too strong and his decision to back away f.....»»

Category: topSource: googlenewsApr 13th, 2017

China"s Gamble: How a Crusade to Prop Up the Yuan Imperils Other Pressing Mandates

Defending the currency is the central bank’s top priority as it aims to stem capital flight and offer a defense against Trump’s trade rhetoric, but the shift threatens to shortchange the bank’s tasks of safeguarding economic growth......»»

Category: topSource: wsjApr 13th, 2017

China"s Crusade to Prop Up the Yuan Neglects Other Pressing Needs

Defending the currency is the central bank’s top priority as it aims to stem capital flight and offer a defense against Trump’s trade rhetoric, but the shift threatens to shortchange the bank’s traditional mandate to safeguard economic growth......»»

Category: topSource: wsjApr 13th, 2017

The trouble with Fox: O"Reilly scandal threatens Murdoch"s deal for Sky

Five years have passed since a scandal forced Rupert Murdoch to abandon his purchase of a media industry crown jewel: the British pay TV provider Sky......»»

Category: topSource: cnnApr 11th, 2017

Hong Kong’s Li & Fung forced to ‘innovate or die’

Fall from grace of world’s top sourcing group underlines China’s manufacturing evolution.....»»

Category: topSource: ftApr 11th, 2017

PBOC Sets Yuan Parity Rate At 6.8957 Against Dollar

PBOC Sets Yuan Parity Rate At 6.8957 Against Dollar.....»»

Category: topSource: seekingalphaApr 11th, 2017