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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

Yen’s movement suggests PBoC’s Yuan fix fuelled risk aversion

Feb 17, 2016 06:45 am UTC| Commentary Central Banks

Another weaker fix from Peoples Bank of China (PBoC) and that seems to enough to jolt currencies across Asian markets and fuel risk aversion. Peoples Bank of China (PBoC) announced todays fix, which was weaker than...

Renminbi Series

Fitch: Further CNY Depreciation Would Add to Taiwan Bank Losses

Feb 16, 2016 06:47 am UTC| Research & Analysis

Taiwanese banks losses linked to target redemption forwards (TRF) - a structured derivative product which some investors have used to hedge yuan exposure and to speculate on currency moves - should peak in 1H16 as...

Renminbi Series

Yuan appreciates, thanks to Dollar not economic improvement

Feb 15, 2016 08:10 am UTC| Commentary

Chinese currency as we are writing is up 1.2% for the day against Dollar, trading at 6.497 per Dollar. Since Renminbi depreciation was the major spooking factor for global markets, this is a welcoming news. However, todays...

Renminbi Series

Chinese Yuan strengthened most in more than a decade

Feb 15, 2016 06:12 am UTC| Commentary

After a weeklong Lunar New Year holiday, Chinese Renminbi woke up today much stronger, majorly due to broad based weakness in Dollar. Chinas central bank, Peoples bank of China (PBoC) responded to weaker Dollar today and...

Renminbi Series

Chinese currency seen benefiting from USD’s Weakness

Feb 11, 2016 12:37 pm UTC| Commentary

In the past couple of days USD/CNH declined drastically as onshore China market were closed for Chinese New Year. Recent weakness in the USD is seen weighing on the pair. The markets expected the Chinese currency to extend...

Trade War Series

Renminbi Series

CNY devaluation fears adding pressure on EM currency pegs; will it trigger competitive devaluation?

Feb 09, 2016 11:53 am UTC| Insights & Views

China and Japan are the largest economies in Asia and currency movements in these countries are likely to have crucial implications for the whole region. Most Asian currencies are managed floats, but a few pegs remain in...

Renminbi Series

Renminbi’s depreciation seen as a viable option for PBoC

Feb 08, 2016 11:46 am UTC| Commentary Central Banks

Chinas balance of payment has deteriorated over a period of time and now exports alone cannot recover the high net capital outflow. In order to reduce the deficit the central bank will have to shed out from its reserve...

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Economy

Russian LNG Shadow Fleet Expands Amid Arctic LNG 2 Sanctions

Russia is intensifying efforts to bypass Western energy sanctions after a liquefied natural gas (LNG) tanker operating under a newly adopted Russian flag was spotted loading fuel linked to the sanctioned Arctic LNG 2...

S&P 500, Nasdaq Hit Record Highs as AI Stocks Rally and Strong Jobs Data Boost Confidence

The SP 500 and Nasdaq closed at fresh record highs on Friday as investors poured into AI-related stocks and welcomed stronger-than-expected U.S. jobs data, reinforcing confidence in the resilience of the American economy....

Dollar Slips as Strong U.S. Jobs Data Reduces Fed Rate Cut Expectations

The U.S. dollar weakened on Friday after stronger-than-expected April jobs data reduced speculation about potential Federal Reserve interest rate cuts. Investor sentiment also improved after President Donald Trump stated...

European Stocks Fall as US-Iran Conflict Rekindles Energy Supply Fears

European stock markets closed lower on Friday as renewed military tensions between the United States and Iran rattled investor confidence and intensified concerns about global energy supplies. The escalating conflict...

Gold Prices Rise as Weaker Dollar and Iran Ceasefire Hopes Boost Safe-Haven Demand

Gold prices climbed on Friday and were set for a strong weekly gain as the U.S. dollar weakened following the latest U.S. jobs report. Investors also turned to safe-haven assets amid ongoing tensions in the Middle East and...

Politics

Israel’s Secret Iraq Base Allegedly Supported Iran Air Campaign, WSJ Reports

Israel reportedly established a covert military outpost deep in the Iraqi desert to support its recent air campaign against Iran, according to a Wall Street Journal report citing sources familiar with the operation,...

Senate Stablecoin Bill Sparks Clash Between Banks and Crypto Industry

A major fight over U.S. crypto regulation is heating up as lawmakers prepare to advance the CLARITY Act, a proposed bill designed to create a clear regulatory framework for digital assets and stablecoins. The legislation...

Trump-Xi Beijing Summit to Focus on Trade, Taiwan, and Boeing Deal

U.S. President Donald Trump is set to meet Chinese President Xi Jinping in Beijing from May 14 to May 15, marking the first visit by an American president to the Chinese capital in nearly ten years. According to Reuters,...

Trump Reportedly Approves Plan to Remove FDA Commissioner Marty Makary Amid Growing Controversies

President Donald Trump has reportedly approved a plan to remove U.S. Food and Drug Administration (FDA) Commissioner Marty Makary, according to sources familiar with discussions inside the White House. While officials say...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

AI-Driven Inflation Raises U.S. Consumer Prices, Goldman Sachs Says

Artificial intelligence is starting to increase U.S. consumer prices through rising costs in electronics, software, and electricity, according to a new Goldman Sachs report. The investment bank said AI-related inflation...

Judge Delays SEC Settlement With Elon Musk Over Twitter Stock Disclosure Case

A federal judge has declined to immediately approve a proposed $1.5 million settlement between Elon Musk and the U.S. Securities and Exchange Commission (SEC) tied to Musks 2022 Twitter stock purchase disclosures. The...

Broadcom Eyes $35 Billion AI Chip Financing Deal With Apollo and Blackstone

Broadcom Inc. is reportedly in discussions with Apollo Global Management and Blackstone Inc. to secure around $35 billion in financing for its expanding artificial intelligence chip business, according to a Bloomberg...

Dell Stock Hits Record High After Trump Endorsement, AI Server Demand Fuels Rally

Dell Technologies Inc. (NYSE: DELL) surged to an all-time high on Friday after receiving a public endorsement from President Donald Trump during a White House event. The president encouraged Americans to go out and buy...

TikTok Nears $400 Million Settlement With Trump Administration Over Child Privacy Lawsuit

TikTok and the Trump administration are reportedly close to reaching a $400 million settlement tied to allegations that the popular video-sharing platform violated U.S. child privacy laws. According to ABC News, the...
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