Yuan

Chinese Economic Data Misses Across The Board As Credit Impulse Slump Kicks In

The brief encounter with a 'recovery' that China's economic data enjoyed in the first half of 2017 has evaporated as the reality of a collapsing credit impulse strikes across the board. Retail Sales, Fixed Asset Investment, and Industrial Production all missed expectations  and slowed dramatically.

World Stocks Pull Back Amid Rising Concerns Of A Market Correction

For the first day in three S&P futures have pulled back modestly from record levels as some investors cautioned that gains had gone too far, too fast, European shares are mixed while Asian equities extended their longest rising streak in almost two months as continued gains in Japan and India offset the losses in Hong Kong.

World Stocks Hit Fresh Record High As Irma, Korea Rally Continues; Pounds Surges

World stocks hit new record highs on Tuesday amid a continuation of Monday's risk-on theme which unleashed a dramatic relief rally on easing North Korea tensions and signs that Hurricane Irma caused less damage than feared. The MSCI All-Country World Index gained 0.2%, hitting the highest on record with a fifth consecutive advance.

Is The Yuan About To Tumble After Friday's Shocking PBOC News? Here Is Goldman's Take

Following Friday's shocking report about reserve relaxation by the PBOC, Goldman sees 3 key implications: i) authorities may be less concerned about outflow pressures; ii) it marks a possible meaningful step preparing for increased (two-way) CNY volatility; and iii) it points to reduced comfort with the ongoing pace of appreciation.