RMB suddenly skyrocketed! What happened?
Recently, the market seems to be ignoring the fact that the Renminbi has strengthened!
Express News | Analysts interpret the sharp rise of the yuan: the peripheral market may have begun to brew expectations of a strong domestic economy.
The yen has repeatedly soared, shaking the forex market! Traders are betting that a major turning point for the yen is finally approaching.
Bloomberg reported on Thursday that as more people expect the interest rate gap between Japan and the United States to shrink, there are increasing signs of a turning point in the yen. Japan's obvious intervention measures to support the yen, significant reduction of short-selling of yen by hedge funds, and closing of arbitrage trades that have been suppressing the yen have all pushed the yen higher.
What is the significance of the People's Bank of China's second MLF operation this month? Deemphasizing the policy color of the MLF interest rate, institutions need to pay more attention to mid-month liquidity.
The increase in MLF operations this time met the long-term funding needs of financial institutions. The MLF operation used an interest rate bidding method, which can better reflect the supply and demand of funds. The moderate decline in MLF interest rates bridged the gap with market rates such as interbank certificates of deposit. The arrangement of this MLF operation after the LPR quote reflects the intention to downplay the policy color of MLF interest rates.
What happened? The Asia-Pacific market has once again weakened across the board, causing global stock markets to enter a period of turmoil?
Is the global stock market entering a bear period?
UBS Group's central bank survey: Nearly 70% of respondents expect that the global economy is most likely to experience a soft landing.
According to a survey conducted by UBS Group Asset Management, of the 40 central banks surveyed globally, 66% expect the most likely occurrence of a soft landing for the global economy, while only 16% estimate that the global economy will enter a recession.