People's Bank of China
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Stuart Oakley, Managing Director, Asian Currency Trading at Nomura says global central banks are punishing the consumers for being stingy. He also states his reasons for recommending investors to be short U.S. Dollar & long Chinese yuan.
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China's premier Wen Jiabao arrived in Hungary on Friday as part of a five-day tour of Europe that analysts expect will see the Chinese government attempt to reassure markets over its economic management and lend rhetorical support to Europe's economies.
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The dollar rides some good economic news, for a change, and the Bank of England's Mervyn King delivers a scolding — time for your FX Fix.
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A confidence vote looms in Greece, and a Bank of England official goes all dovish - it's time for your FX Fix.
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U.S. consumers, hobbled by debt and high unemployment, have been deleveraging, a process that will take another 3 to 5 years, Stephen Roach, Morgan Stanley’s non-executive chairman and the author of The Next Asia told CNBC on Tuesday.
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Chinese stocks have seen a correction off late, but one fund manager, who's been shorting Hong Kong stocks since November, believes the market has hit bottom.
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Corrupt Chinese officials smuggled an estimated Rmb800bn ($123.6 billion) of ill-gotten gains out of the country over a 15-year period, according to a report released by China’s central bank. The FT reports.
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Until 1990, Japan was the most successful large economy in the world. Almost nobody predicted what would happen to it in the succeeding decades. Today, people are in awe of the achievements of China. Is it conceivable that this colossus could fail? The answer is: yes, according to FT's Martin Wolf
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With Europe embroiled in the sovereign debt crisis and the US economy not recovering as quickly or as strongly as hoped, investors have now turned their attention to a slowdown in Chinese economic activity.
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China's May lending data have put policymakers in a dilemma over whether to tighten, loosen or pause monetary policy, according to Barclays Capital.
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China's battle against inflation has plenty of investors worried about a major slowdown. But the former Chief China Economist at the Royal Bank of Scotland says he's much more worried about inflation rapidly getting out of hand and creating a much bigger hard landing between 2012 and 2015.
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The euro is hitting new highs, a group of developing countries are tired of the dollar, and the yen is having another bad day — it's time for your FX Fix.
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This Friday China is set to release a raft of economic indicators, including first quarter GDP, retail sales, PPI, and industrial production. But by far the most closely watched of the upcoming data will be CPI - the key indicator for inflation.
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The European Central Bank decides to keep interest rates at the low, low rate of 1%, but hints that could change as early as April. Meanwhile, in China, a central bank governor predicts the yuan will become a reserve currency. Your daily FX fix, right here.
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Emerging-market Asian currencies were on a tear in 2010, but sentiment has shifted dramatically this year. Citi's Johanna Chua explains why the negativism is overdone in some cases, and where currency investors could do well now.
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The dollar is continuing its slide and euro buyers are emerging, drawn by hopes for relatively attractive yields - but how long before Portugal needs a bailout? Your daily FX Fix, right here.
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The safe-haven Swiss franc touched record levels, but Asian currencies are broadly lower over worries about oil prices and supply. Your daily FX Fix, right here.
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As prices surge, the "Fast Money" traders are watching this commodity.