EMerging Equity
Yuan Devaluation
Asian Currencies Suffered Their Worst Quarter Since The Global Financial Crisis
Asian currencies have just suffered their worst quarterly performance since the height of the global financial crisis in 2008. Amid market turmoil, Asian currencies were slammed in the third quarter, driven by a slowdown in economic growth from China — including devaluations of its yuan, falling oil prices and commodity prices, and concerns as the U.S. Federal Reserve moved closer to a hike in its near-zero interest … Continue reading
Investors Flee Emerging Markets At Fastest Pace Since The Height Of Global Financial Crisis
Investors are fleeing emerging markets at the fastest pace seen since the height of the global financial crisis, according to the IIF. . Investors are fleeing emerging markets (EMs) at the fastest pace seen since the height of the global financial crisis as $40 billion in assets from EMs was pulled in the third quarter, according to a … Continue reading
Rationalising China’s Exchange Rate Policy
By Yukon Huang, Carnegie Endowment There are conflicts among the many objectives shaping China’s exchange rate policy. Politically, China’s leaders are keen on having the renminbi become a major international currency. For this purpose, the renminbi needs to be strong and stable enough that others will use it to settle trade balances and as a reserve … Continue reading
Chinese Authorities: Stock Market Bubble Has “Burst”, Economy To Face Tough Conditions Over Next Decade
China’s stock market bubble has “burst” and its economy is likely to face “tough conditions” over the next decade, Chinese authorities were reported to say during the Group of 20 nations (G20) meeting in the Turkish capital of Ankara over the weekend, the Nikkei Asian Review reports. Zhou Xiaochuan, the Governor of China’s Central Bank, the People’s Bank … Continue reading
Chinese Stocks Could Fall Another 20% Before Bottoming Out, Magnus And DeMark Say
Chinese stocks are set to see a further drop, despite a recent rout in equities, as government efforts to prop up its $5.1 trillion market have failed, according to world-renowned forecasters George Magnus and Tom DeMark. Magnus and DeMark both believe that the benchmark Shanghai Composite Index could fall around another 20 percent from their current level of 3,160 to around the 2,500 level. The Shanghai Composite … Continue reading
George Magnus: Another Asia Crisis Is Not Inevitable — But Don’t Rule It Out
By George Magnus Financial instability in Asia and elsewhere has been attributed, partly, to China following the mishandling of a mini-devaluation of the yuan in early August and a failed attempt to prop up the flailing equity market. Yet the prevalent thinking now is that these developments reflect not only a structural slowdown in China’s economy … Continue reading
Market Meltdown Means More Pain For Oil-Producing Economies
By Zachary Fillingham Supply-side downward price pressure has been the story of global energy prices over the past year: newfound supply from the Shale Revolution, OPEC’s gambit of market-share grabbing inundation, and new supply coming online from Iraq and soon Iran. The result was a plunge in oil prices from $115 in mid-June 2014 to below … Continue reading
Peter Schiff On How China Will Win The Currency War
Peter Schiff, the CEO of Euro Pacific Capital, is warning that there is an impending U.S. dollar collapse and economic collapse on the horizon that should be getting a lot more attention, and not China’s recent currency devaluation. In a recent interview with Alex Jones on Infowars, Schiff breaks down what he thinks will cause the up and coming … Continue reading
The Impending U.S. Dollar Collapse Should Be Getting Attention, Not China’s Yuan Devaluation: Peter Schiff
By Peter Schiff, CEO of Euro Pacific Capital China’s recent move to devalue the yuan has sent shock waves through the global financial markets and has convinced most observers that a new front in the global currency wars has begun. The move has caused many observes to envision a new round of competitive devaluations around the globe in … Continue reading
China’s Stock Index Has Just Made Its Best Week In 2 Months While Yuan Volatility Shakes The Markets
China’s benchmark stock index has just made its biggest weekly gain in two months. Investors bet that the weaker yuan will help to boost the economy. The Shanghai Composite Index rose 0.3% at the close today and this week the index advanced by 5.9%. The yuan lost 3% for the week as a result of Tuesday’s surprise devaluation. Gerry Alfonso, a sales trader at Shenwan … Continue reading
Follow Us On Social Media
The SSE Intl Roadshow
Our Discussion Groups
Our Social Media Readers
