×

Currencies Chinese Yuan

  • LONDON, Oct 17- Emerging stocks and currencies came under pressure on Monday, weighed down by the dollar romping to its strongest level in nearly seven months and long-dated U.S. bond yields climbing higher following comments MSCI's emerging market benchmark weakened 0.5 percent, with bourses across Asia chalking up solid losses while stocks in South Africa,...

  • Treasury said on Friday that none of the United States' major trading partners is manipulating its currency to gain advantage for its exports, in contrast to Republican presidential candidate Donald Trump's threats to declare China a currency manipulator if he is elected. It also kept China, Japan, Germany, South Korea and Taiwan on the list, first launched in...

  • The dollar posted a weekly performance best after strong U.S. retail sales and producer prices data for September.

  • LONDON, Oct 14- Emerging stocks rose on Friday but were set to end the week in the red while a strong dollar kept currencies under pressure, including China's yuan which posted its biggest weekly loss since January. Bangkok markets meanwhile steadied after days of volatility, with stocks rising 4 percent and the baht up half a percent as it looked likely that the...

  • Will China's credit problem go away anytime soon?

    Nicholas Ferres, investment director at Eastspring Investments, talks about how China's credit woes will continue for some time to come.

  • A worker polishes steel coils at a factory of Dongbei Special Steel Group in Dalian, China.

    China's consumer prices rose 1.9 percent on-year in September, while producer prices surprised by rising 0.1 percent on-year.

  • Latest China PPI figures helpful to markets: Expert

    Positive PPI figures reflect that capacity consolidation in China has been working, says Alex Wong, director of asset management at Ample Capital.

  • *China exports fall 10 pct in September, weighs on dollar. NEW YORK, Oct 13- The dollar tumbled from a seven-month high on Thursday, as risk appetite took a turn for the worse after soft Chinese trade data spooked a market that is expecting an interest rate increase from the Federal Reserve by the end of the year. "A significant slowdown in Chinese growth could once...

  • The dollar tumbled on Thursday, as risk appetite took a turn for the worse after soft Chinese trade data spooked the market.

  • *China exports fall 10 pct in September, weighs on dollar. "A significant slowdown in Chinese growth could once again foil the plans of U.S. authorities to stabilize monetary policy," said Boris Schlossberg, managing director of FX strategy at BK Asset Management in New York. Exports from China, the world's second largest economy, fell 5.6 percent in yuan terms in...

  • China's exports saw their biggest loss since February.

  • LONDON, Oct 13- A poor batch of Chinese trade numbers halted the dollar's broader rally on Thursday and sent the offshore version of the country's yuan currency to within sight of lows hit in a dramatic sell-off in January. In China's tightly controlled onshore market, the yuan was fixed at another six-year low of 6.7296 yuan per dollar. China halted January's run...

  • LONDON, Oct 13- The Turkish lira slid to a record low, the South African rand lost over one percent and emerging equities tumbled to three-week depths on Thursday after weak Chinese data and Fed minutes that signalled a rate hike. She added that this compounded concerns about democratic values in Turkey. South Africa's state prosecutor said Finance Minister...

  • LONDON, Oct 13- A poor batch of Chinese trade numbers halted the dollar's broader rally on Thursday and sent the offshore version of the country's yuan currency to within sight of lows hit in a dramatic sell-off in January. China halted January's run on the currency by selling huge tens of billions of its dollar reserves and pumping up offshore interest rates on...

  • *China's exports fall more than expected, imports shrink. The safe haven yen pushed higher after data showed that China's exports denominated in yuan fell 5.6 percent in September from a year earlier. China's imports unexpectedly shrank 1.9 percent after picking up in August, suggesting recent signs of steadying in the economy may be short-lived.

  • Workers at the Zhong Tian (Zenith) Steel Group factory in Changzhou, Jiangsu.

    China's exports and imports for September came in well below expectations, dented by weak demand at home and abroad.

  • More downward pressure for China exports: Economist

    Weak global demand and depreciation in the yuan did no favors for Chinese exports, says Yifan Hu, CIO at UBS WM.

  • The dollar held gains Wednesday after Fed meeting minutes reinforced expectations that the central bank would hike rates in December.

  • Strong USD to fuel more yuan depreciation: Strategist

    The resilience of the dollar has been more surprising than the weakness in the yuan, says Sean Callow, senior currency strategist at Westpac Bank.

  • Don't expect one-off yuan depreciation from PBOC: Economist

    The PBOC's long-term depreciation policy will be a gradual process, says Union Bancaire Privée's Mark McFarland.