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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.

China Crisis Series

Renminbi Series

Decline in Chinese FX Reserves - No exciting celebration during Chinese New year

Feb 08, 2016 09:14 am UTC| Insights & Views Central Banks

Foreign exchange reserves in China declined $99.5bn to $3.23tn in January of 2016, slightly lower than the monthly fall of $107.9bn in December, which was the biggest on record. The China international reserve number...

Renminbi Series

Renminbi series: China not facing any currency crisis but depreciation possibility

Feb 04, 2016 07:02 am UTC| Commentary

We, at FxWirePro, have long been arguing in favor weakness in Chinese economy, debt bubble burst and we have also given some extreme calls, such as Yen to reach 98 per Dollar, EuroStxx50 to drop to 1500 level if China goes...

China Crisis Series

Renminbi Series

China’s foreign reserve data likely catalyst for next CNY move

Feb 03, 2016 15:05 pm UTC| Commentary Central Banks

Chinas foreign reserve data to be released on Chinese New Year Eve is likely to be the catalyst for the next CNY move. If there is another big drop in the reserves, the market could speculate more depreciation in Chinese...

Renminbi Series

PBoC weakens Yuan after six days of strengthening as BOJ weighs

Feb 01, 2016 10:18 am UTC| Commentary Central Banks

Peoples Bank of China (PBoC) weakened Yuan, after six consecutive days of strengthening, which has been longest since October, just before International Monetary Fund (IMF), reviewed Yuan to be included in SDR...

Renminbi Series

PBoC strengthens Yuan for fifth consecutive day

Jan 28, 2016 09:20 am UTC| Commentary Central Banks

Peoples Bank of China (PBoC) strengthened Yuan for fifth consecutive day today via its fix, most probably in an attempt to keep it stable against Dollar and against basket of currencies. Yuans movement just few weeks back,...

Renminbi Series

Renminbi series - George Soros’s growing unpopularity with Chinese authority make us happy China sellers

Jan 27, 2016 10:02 am UTC| Commentary

George Soros is well known investor and philanthropist, probably best known for his trade against British Pound and in favor Deutsche Mark back in 1992, which led finally to the break of peg and Mr. Soros earned billions...

Renminbi Series

China Crisis Series

CNY’s liquidity conditions likely to remain tight before the Chinese New Year

Jan 26, 2016 11:53 am UTC| Insights & Views

PBoCs internal meeting minutes recommended that Chinas January new loans are likely to surpass 2 trillion CNY, a record high, as compared with 1.47 trillion CNY in January 2015. Increased onshore borrowing has strengthened...

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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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