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Over the past decade, China has emerged as global superpower of economics and Geo-politics. Chinese currency Yuan has emerged as top contender to Challenge global dominance of Dollar. This year in Yuan might join International Monetary Fund’s (IMF) Special Drawing Rights (SDR) basket, strengthening Yuan’s position as global reserve currency. In this series, we discuss about China, its politics, economics, and vulnerabilities with a view of Renminbi.

Renminbi Series

Yuan’s share in global payments rises again in August

Oct 01, 2018 12:15 pm UTC| Commentary

After steadily losing its attraction since 2015, the Chinese yuan seems to be recovering in terms of its share in the global payment system, according to a report by Swift payment system. As an effect of economic...

Renminbi Series

Renminbi Series: Yuan’s share in global payments rises to highest in 36 months

Sep 13, 2018 12:48 pm UTC| Commentary

After steadily losing its attraction since 2015, the Chinese yuan seems to be recovering in terms of its share in the global payment system, according to a report by Swift payment system. As an effect of economic...

Renminbi Series

Yuan likely to consolidate, trade between 6.50-6.60 for now, advance further in medium-term: Scotiabank

Sep 19, 2017 07:38 am UTC| Commentary Economy

The Chinese yuan is expected to consolidate and trade between 6.50 and 6.60 for now and is expected to advance further in the medium term on account of the EURs potential strength and possible portfolio inflows to mainland...

Renminbi Series

FxWirePro: Chinese yuan gains on the back of higher than expected Caixin manufacturing PMI data

Aug 01, 2017 05:04 am UTC| Technicals

USD/CNY is currently trading around 6.7175 marks. It made intraday high at 6.7239 and low at 6.7150 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.7373 mark. A...

Renminbi Series

Renminbi Series: China’s economic recovery gathers pace

Jul 17, 2017 05:10 am UTC| Commentary

Chinas economy is humming strongly and the signs of a recovery are becoming more broad-based. According to latest data from the National Bureau of Statistics (NBS), Chinas GDP grew by 6.9 percent in the second quarter,...

Renminbi Series

Renminbi Series: House prices in China cools for 6th consecutive month

Jun 19, 2017 03:42 am UTC| Commentary

The price to purchase a new house in Chinas major cities cooled further in May as the year on year growth declined for the six consecutive months. The year on year growth decorated for the sixth consecutive month since its...

Renminbi Series

Renminbi Series: China’s forex reserve swells to highest level in 2017

Jun 07, 2017 08:42 am UTC| Commentary

China, which has the biggest foreign exchange reserve in the world, registered a fourth consecutive monthly increase in the reserve according to data released by Peoples Bank of China (PBoC) today. Chinas foreign exchange...

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Economy

Cryptocurrency Brief: Altcoins continue downtrend tracking Bitcoin, Salt Lending Holdings faces U.S. SEC probe over $50 mln token sale – Friday, November 16

BTC/USD: Bitcoin prices continued to downtrend for the third consecutive day, during late European session Friday, tracking pessimism from the United States Securities and Exchange Commissions (SEC) annual enforcement...

German bunds trade slightly lower after Eurozone October CPI meets market expectations

The German bunds traded slightly lower during afternoon session on the last trading day of the week Friday after the Eurozones consumer price inflation (CPI) for the month of Eurozone met market expectations, remaining...

Swedish krona likely to witness gradual uptrend vs euro on slower monetary policy normalization, says Commerzbank

The Swedish krona is expected to witness a gradual upward trend vs the euro, on expectations of a slower normalization in the countrys monetary policy, although the process is seen to happen at a rate faster than that in...

Bank Negara Malaysia likely to keep OPR unchanged at 3.25 pct for some time, says ANZ Research

Bank Negara Malaysia (BNM) is expected to maintain its current accommodative stance and keep the Overnight Policy Rate (OPR) unchanged at 3.25 percent for some time, owing to expectations of a muted inflation in the...

Global Geopolitical Series: U.S. initiates duty investigations on Magnesium from Israel

In a continuation of the toughened stance against both Allies and adversaries, the U.S. Commerce Department initiated investigations into imports of Magnesium from Israel. Yesterday, the Commerce Department announced that...

Politics

Threats remain to US voting system – and voters' perceptions of reality

As the 2018 midterms proceed, there are still significant risks to the integrity of the voting system and information warfare continues to try to influence the American publics choices when they cast their ballots. On...

Let's not focus on graduate incomes when assessing the worth of education

The link between educational attainment and income has long been known. Now Australians have more information about what graduates earn from different universities and courses. A recent report shows graduates from NSW...

What image will define the 2018 election?

Every election has its iconic images. Or does it? There are standout images from previous campaigns. Barack Obamas Hope poster, with all its homages and parodies, is a classic example. George W. Bushs Mission...

US mid-term results: seven key issues and what they mean for the country's uncertain future

America has voted, the results are in, but the countrys future remains uncertain for now. Tuesdays Congressional mid-term elections were billed rightly as among the most important in US history. Decades of widening...

Democrats take House at US midterm elections, but Republicans keep Senate; Labor well ahead in Victoria

US midterm elections were held today. All 435 House seats and 35 of the 100 Senators were up for election. Democrats were defending 26 Senators, including some states that Trump won by big margins in 2016, and Republicans...

Science

Novel approach brings African scientists closer to a malaria vaccine

Malaria is still a major problem in Africa. There are over 200 million clinical cases each year and approximately half a million deaths. There are different ways in which malaria can be controlled. Preventive measures...

Dramatic galaxy collision filled the Milky Way with stars, astronomers discover

Imagine trying to map out your home town using only information you could gather from your window. Even with a pair of binoculars youd find it a difficult task. Mapping out our own galaxy, the Milky Way, is a similarly...

How thoughtful, content-rich tutorials can help science students learn

Learning is not a spectator sport. Students need to make what they learn a part of their everyday lives. Tutorials are an excellent way to achieve this at university level. When theyre properly designed, tutorials can be...

Curious Kids: If a star explodes, will it destroy Earth?

This is an article from Curious Kids, a series for children. The Conversation is asking kids to send in questions theyd like an expert to answer. All questions are welcome: find out how to enter at the bottom. You might...

Explainer: what any country can and can't do in Antarctica, in the name of science

Antarctica is owned by no one, but there are plenty of countries interested in this frozen island continent at the bottom of the Earth. While there are some regulations on who can do what there, scientific research has...

Technology

Radeon RX 590 Latest News & Update: ‘Resident Evil 2’ & ‘DMC 5’ Included in Bundle

AMD is betting big on the Radeon RX 590 GPU by bundling it with several games that are not exactly what anyone would expect to come for free in this fashion. Basically, the company is offering three AAA titles for free...

Nvidia Latest News & Update: Cryptocurrency Failure Leads to Stock Nosedive, Lost The Gamble or Bad Luck?

Nvidia recently released its revenue report for the third quarter and it signaled the end of an era for the company. The cryptocurrency boom essentially led to an unexpected boost in its sales of GPUs last year, which led...

iOS Jailbreak Latest News & Update: iOS 12.1 Successfully Bypassed by Tencent KeenLab Researcher

A Tencent Keenlab researcher recently confirmed on Twitter that his jailbreak method successfully bypassed the latest iOS 12.1 that is running devices of XS MAX, Apple, and iPhone. Named Liang Chen, the researcher said...

'Fallout 76' Latest News & Update: Titanic Failure as Expected, Burning Reviews Paint Apocalyptic Reception

Fallout 76 was doomed from the start and it would seem that everyone could see this except for Bethesda. The game was as confusing to itself as it was to fans and this was the least of its problems. The result is the...

AMD Latest News & Update: To Demolish Intel with New EPYC 7371 Processor? Targets Data Centers

AMD has been on a roll recently and the announcement for its new EPYC 7371 Threadripper processor threatens to absolutely bury whatever Intel has to offer. This new monster of a chip comes with 64 cores from the Zen 2 line...
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2018-11-16 11:19:27
0m

November 16 11:30 UTC Released

INFX Reserves, USD

Actual

393.01 Bln USD

Forecast

Previous

393.13 Bln USD

November 16 11:00 UTC Released

ITConsumer Prices Final YY

Actual

1.6 %

Forecast

1.6 %

Previous

1.6 %

January 31 00:00 UTC 416870416870m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 416870416870m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 428690428690m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 416870416870m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 428690428690m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 416870416870m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 416870416870m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 416870416870m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

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