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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

JGB yields fly at close as investors shy away from safe-haven assets in run-up to G-20 Summit

The Japanese government bond yields close on a higher note Thursday as investors continued to stay away from safe-haven instruments in the run-up to the G-20 Summit starting Friday, where the United States and China are...

Australian bonds plunge tracking U.S. Treasuries on hopes of trade deal ahead of G-20 Summit

Australian government bonds plunged during Asian trading session Thursday tracking a similar movement in the United States Treasuries on hopes of a trade deal with China in the upcoming G-20 Summit in Osaka, Japan,...

U.S. Treasuries plunge ahead of 5-year auction, FOMC member Daly’s speech

The U.S. Treasuries plunged during Wednesdays afternoon session, ahead of a busy day for economic data that brings the advance goods trade and inventories figures for May, as well as durable goods orders data for the same...

German bunds suffer as investors await eurozone’s June consumer price inflation data

The German bunds suffered during European trading session Wednesday ahead of the countrys and eurozones consumer price inflation (CPI) data for the month of June, scheduled to be released on June 27 and 28 by 12:00GMT and...

USD/CNY likely to hit 6.90 mark; not much volatility seen ahead of G-20 meeting, says Commerzbank

The USD/CNY currency pair is expected to hit the 6.90 mark, although not much of a volatility is likely to be seen ahead of the G20 meeting in Osaka, Japan, according to the latest research report from Commerzbank. It...

Politics

Vladimir Putin: Is the Russian President a Fan of Vlogs?

People all over the world have found a new form of entertainment that is freely accessible on the internet vlogs. And in recent QA session with Russian President Vladimir Putin, it was revealed whether he is also a fan of...

Melania Trump, Ivanka Trump: Michael Wolff Book Claims Donald Trump’s Favorite Child Isn’t a Fan of His Wife

There have been several books and articles published about the relationship of the United States First Lady Melania Trump with her step-daughter Ivanka Trump. Now, Michael Wolffs latest book Siege: Trump Under Fire claims...

Donald Trump Signs New Sanctions Aimed at Iran Supreme Leader and Other Iranian Officials

Iran and the United States have been going back and forth for the last few months. Now, the latter has retaliated as President Donald Trump signed on Monday a new set of sanctions aimed explicitly at Irans high-ranking...

CAR: a society without authority, where children's schooling suffers

The news from the Central African Republic (CAR) is rarely good. The country has been involved in an on-and-off war for at least 20 years. It has been rated as having the lowest human development in the world. It is also...

Final 2019 election results: education divide explains the Coalition's upset victory

At the May 18 election, the size of the lower house was expanded from 150 to 151 seats. The Coalition parties won 77 seats (up one since the 2016 election), Labor 68 (down one) and the crossbench six (up one). The...

Science

Marijuana News: Will New York Follow Illinois in Legalizing Recreational Use of Cannabis?

Illinois Gov. J.B. Pritzker just signed a law on Tuesday that makes the recreational use of marijuana legal taking effect on the first day of 2020. This makes Illinois the 11th state in the United States to do so, and...

Cancer Cure 2019: Immunotherapy Drug Under Research Shows Promising Result for Lung Cancer Patients

Finding the complete cure for cancer remains a Herculean task for many researchers around the world. And while that has yet to be achieved, other groups of scientists are working on the next best thing developing...

Black plastic can't be recycled – but we've just found a way to use the carbon in renewable energy

The big problem with plastics is that though they last for a very long time, most are thrown away after only one use. Since plastics were invented in the 1950s, about 8,300m metric tonnes (Mt) have been made, but over half...

Meet the naked mole-rat: impervious to pain and cancer, and lives ten times longer than it should

The naked mole-rat is perhaps one of the most bizarre beasts on the planet. At first glance, it looks like little more than a cocktail sausage with legs and teeth. But beneath its wrinkly pink skin, this creatures strange...

Marijuana News: China Blames Increase in Cannabis Trafficking in Canada, U.S.

Last year, Canada became the second country to legalize the recreational use of Marijuana. Meanwhile, more states in America are doing the same with others eyeing to follow suit in the near future. Now, China claims they...

Technology

GoPro Hero 8 Release Date: What Improvements Should the Eight Entry Focus On?

Theres still no word about GoPro Hero 8 and the features that it will have once it hits the market. Where the smartphone ecosystem mostly experiences a plethora of leaks from reliable sources, the action camera niche isnt...

Microsoft Surface Book 3 Specs, Price, Release Date Details; Foldable Laptop Described as An Option for Gamers

Microsoft Surface Book 3 is anticipated to be thinner and come with a minimalistic design. It is also expected to improve some of its parts and features for better and provide more convenience to the users. In...

AMD Radeon 5700 XT Release Date, Latest News: Team Red Eyeing to Dominate High-End Mid-Range Market

The AMD Radeon 5700 XT is slated to dominate the high-end mid-range market as team red is set to take on NVidias GeForce RTX 2070. The price difference between both GPUS is $50, with the 5700 XT performing shoulder to...

‘Cyberpunk 2077’ Release Date, Latest News: Mission Lengths, Depth Explain by Lead Quest Designer

From character builds and how to approach Cyberpunk 2077 to the depths of quests and how long theyre going to last. What makes this particular interview exciting is that Sakso revealed that he worked on the Bloody Baron...

‘GTA 6’ Release Date: Take-Two CEO Strauss Zelnick Hints Next Entry Might Come Out in 2020

With all the rumors involving GTA 6, theres still no substantial evidence when the title will hit the market. However, recent statements from Take-Two CEO Strauss Zelnick may have hinted that the title might not be too far...
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June 27 08:30 UTC Released

DENW State CPI YY

Actual

1.7 %

Forecast

Previous

1.6 %

June 27 08:30 UTC Released

DENW State CPI MM

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0.2 %

Forecast

Previous

0.2 %

January 31 00:00 UTC 737812737812m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 737812737812m

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 749632749632m

ARTrade Balance

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Forecast

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-1541 %

January 31 00:00 UTC 737812737812m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 749632749632m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 737812737812m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 737812737812m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 737812737812m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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