Chinese yuan banknotes

PBoc Reserves Rise Again in July The latest data shows that PBoC FX reserves rose again in July, reaching around $3.1trln. Central banks in developed economies have been steadily adding to their reserves, which is a trend likely to develop further if the use continues its downward trajectory. Indeed, a downward trend in USD could see self-rein...

2017-08-09 James Harte Read more

For the past few weeks, things were calm in the Chinese economy, with only a few economic releases. However, this week, we will be waiting for new clues on where the economy is standing. Moreover, there were some notable moves in equities and the Chinese Yuan, which keep us questioning whether this move will continue or it's another short-term ...

2017-08-07 Nour Eldeen Al-Hammoury Read more
China

For the past few years, if you were following the business news bulletins anywhere in the world, you should have noticed that many were warning of the situation in China. The headline is almost the same everywhere “China’s slowing down”. In many occasions, many were blaming China, demanding for broader reforms. However, maybe they forgot somet...

2017-07-17 Nour Eldeen Al-Hammoury Read more
China_USDCNH_0805

Earlier this morning and during the first trading session of this week, some economic figures were released from China, which had a significant impact on the markets, along with the impact of the French election outcomes. The Chinese figures today can be considered positive. However, the Chinese equities closed lower, losing nearly 1%. Trade...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Yi Gang_PBOC_CNY_3011

PBOC Vice President  Yi Gang; Image via World Economic Forum PBOC Officials In Support Of CNY Despite recent suggestions that the Chinese government will allow a more accelerated pace of CNY depreciation, most notably from Yu Yongding, recent statements from the PBoC instead continue to reaffirm a preference for a managed and gradual depreci...

2016-11-30 James Harte Read more
China's economy Great Hall

The Chinese Trade Balance was released during the early morning hours today, showing some mixed data. However, the impact has been muted as it’s the election day in the US; therefore, today’s economic releases are more likely to be overshadowed by the election developments. Definitions Trade Balance: This figure calculates the difference...

2016-11-08 Nour Eldeen Al-Hammoury Read more
forex weekly forecast_China_economic

Earlier today, a collection of economic figures was released from China, which came in line with expectations, leading to a slight impact on the markets. This effect was seen in equities, commodities, and the Fx market. What are those figures and what implications do they have on the PBoC and the global economy? Definitions GDP: Change i...

2016-10-19 Nour Eldeen Al-Hammoury Read more