Migration 1 - SecuLink GmbH Germany
Last modified on Montag, 12 Januar 2015 13:50

87545 comments

  • Comment Link ขาย wine ขาย wine Samstag, 07 Dezember 2024 12:32

    SHANGHAI, Dec 6 (Reuters) - The yuan was little changed on Friday against the dollar, but is headed for its tenth straight
    weekly loss amid concerns that new tariff threatened by President-elect Donald Trump will heighten strains on the struggling Chinese economy.

    Analysts expect the dollar to remain firm as Trump's
    policies are expected to drive up U.S. inflation, but they believe
    Beijing will prevent the yuan from falling too much.
    "We anticipate some depreciation pressure in an expected strong dollar environment," Lynn Song, Greater China chief
    economist at ING, said in a note.

    However, "we don't expect an intentional large-scale depreciation and think the yuan will remain a low-volatility currency vis-à-vis most other Asian currencies." The yuan was changing hands at 7.2549 per dollar around midday, little moved from
    the previous close. Although the currency has rebounded from a one-year low of 7.2996 hit on Tuesday, it is poised to register its
    longest weekly losing streak since 2018.

    The dollar index fell to one-week low overnight and "the USD's consolidation should unwind the upside pressure building"
    in the yuan, aided by ongoing attempts by China's central bank to restrain its decline, said Alvin Tan, strategist at RBC Capital
    Markets.

    Recent data has painted a mixed picture of China's economic
    recovery, with manufacturing activities improving, but property
    sales in many Chinese cities remaining weak. China's
    "economic landscape is unarguably dull, and the absence of excitement is perhaps the most salient feature," said John Browning, managing director of BANDS Financial.

    He doesn't expect huge stimulus to be announced during next week's Central Economic Work
    Conference, as "Beijing's largesse will be reserved until after Trump is restored to the White House and the trade war formally begins." Top policymakers will
    gather at the conference to agree on major economic
    goals for next year.

    But the target for 2025 growth, one of the most closely-watched indicators globally
    for clues of Beijing's near-term policy intentions, likely will not be officially announced until an annual
    parliament meeting in March. During Trump's
    first term as president, the yuan weakened about 5% against the dollar after
    the initial round of U.S.
    tariffs on Chinese goods in 2018, and fell another 1.5% a year
    later when trade tensions escalated. Growth worries and expectations of further monetary easing by Beijing pushed China's 10-year treasury yields below 2% to record
    lows this week, worsening the yield disadvantage against the
    U.S., and exerting downward pressure on the
    yuan. ING's Song expects the onshore yuan to move within a band
    between 7.00-7.40 per dollar, but could fall further to 7.50 "if tariffs come in earlier or more aggressive than our forecasts."
    LEVELS AT 03:47 GMT GMT INSTRUME CURRENT UP/DOWN( % CHANGE DAY'S DAY'S LOW NT vs USD -) VS.



    YR-TO-DATE HIGH PREVIOUS CLOSE % Spot 7.255 0.09 -2.11 7.2518 7.2675 yuan
    CNY=CFX S Offshore 7.2615 0.03 -1.87 7.2574 7.2733 yuan spot
    (Reporting by Shanghai newsroom; Editing by Kim Coghill)

  • Comment Link online lottery online lottery Samstag, 07 Dezember 2024 12:29

    Brilliant Feedback to Website Observation

    Excellent article! I'm undisputedly reveling in the text on this page.

    Obtain you previously contemplated in relation to gaining encompassed by digital casino
    gambling? Evolution is a brilliant system featuring a diverse selection of high-quality real-time croupier experiences.
    The overall journey is extremely engrossing and authentic, it presents itself as
    akin to you're directly at the gambling venue within the gambling.


    If you're curious regarding testing this as well, I'd be quite glad to provide
    my advice address. Evolution Gaming offers a superb introductory deal to new customers.

    It's undoubtedly worthwhile examining more should you're seeking a fresh digital gambling adventure.


    Appreciation as well in favor of the wonderful blog substance.
    Preserve at the awesome efforts!

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

d1d24343e8ab33dd0f6ffda3433a85a1.jpg
Diese Website benutzt Google Analytics, einen Webanalysedienst der Google Inc. ("Google") Google Analytics verwendet sog. "Cookies", Textdateien, die auf Ihrem Computer gespeichert werden und die eine Analyse der Benutzung der Website durch Sie ermöglicht. Cookies erleichtern die Bereitstellung unserer Dienste. Mit der Nutzung unserer Dienste erklären Sie sich damit einverstanden, dass wir Cookies verwenden.