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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

Stock market fall "not the Big One", says BAML

LONDON (R.....»»

Category: topSource: reutersNov 10th, 2017

El Chapo to See Shrink As His Memory Fails in Freezing Jail Cell With Dirty Sheets

Ongoing admissions about the 60-year-old’s mental health by his defense attorneys this year mark a dramatic fall for a man who prosecutors say was once one of the world’s biggest drug trafficker......»»

Category: topSource: newsweekNov 8th, 2017

Fog Has Forced Donald Trump to Abandon His Plans to Visit the Korean DMZ

South Korean President Moon Jae-in also had to abandon his effort to accompany the U.S. leader U.S. President Donald Trump’s attempt to make an unannounced visit to the.....»»

Category: europeSource: fortuneNov 7th, 2017

Legacy Reserves: Abandon Ship Or Full Steam Ahead?

Legacy Reserves: Abandon Ship Or Full Steam Ahead?.....»»

Category: topSource: seekingalphaNov 2nd, 2017

Boeing beats on earnings, raises guidance (BA)

Thomson Reuters Boeing reported core earnings per share of $2.72, above estimates of $2.65. Revenues for commercial, defense fall in the third-quarter Boeing's stock w.....»»

Category: topSource: businessinsiderOct 25th, 2017

Chinese Capital Outflows Return As Soon As PBOC Halts FX Intervention

Since the addition of the Chinese renminbi (RMB), i.e. Yuan, to the IMF's SDR basket of reserve currencies last October, more than 60 countries and regions have added and adopted the renminbi as a new reserve curre.....»»

Category: blogSource: zerohedgeOct 19th, 2017

South Korea, China extend currency deal despite missile row

South Korea says that Seoul and Beijing have agreed to extend their currency swap deal, easing concerns the deal would fall through due to tensions over a U.S. missile defense system......»»

Category: topSource: foxnewsOct 13th, 2017

Ryanair in retreat: Cancels more flights, drops Alitalia bid

Europe's biggest airline has been forced to cancel more flights and abandon a takeover bid for Italy's national carrier as it grapples with its biggest crisis in years......»»

Category: topSource: cnnSep 27th, 2017

PBOC Sets Yuan Parity At 6.6192 Dollar, Weakest Since August 29

PBOC Sets Yuan Parity At 6.6192 Dollar, Weakest Since August 29.....»»

Category: topSource: seekingalphaSep 27th, 2017

PBOC Sets Yuan Parity At 6.5670 Vs. Dollar

PBOC Sets Yuan Parity At 6.5670 Vs. Dollar.....»»

Category: topSource: seekingalphaSep 20th, 2017