Searching For China's (Financial) WMDs
Cam Hui, CFA - Seeking Alpha - Fri Mar 20, 6:01AM CDT
I got a lot of feedback from my post last week on the effects of Chinese capital flight on the Vancouver property market (see Behold the tsunami of liquidity from China ). While there were a few locals who had comments about the local real estate...
FXCH: 79.77 (unch), CNY: 42.97 (+0.37), CYB: 25.38 (-0.01), GXC: 82.40 (+0.45)
Why The Dollar Is Rising As The Global Monetary Bubble Craters
Jay Taylor - Seeking Alpha - Thu Mar 19, 4:23PM CDT
This past week, David Stockman himself wrote an exceptionally good explanation why the dollar is "getting stronger." Although the fact that the Yankee dollar is stronger is nice for us Americans when we visit Canada, there is no reason to...
FXCH: 79.77 (unch), JYN: 47.40 (-0.75), CNY: 42.97 (+0.37), ULE: 15.74 (+0.44), FXY: 80.98 (+0.65), UUPT: 29.72 (-0.06), EUO: 26.67 (-0.88), USDU: 28.43 (-0.39), UUP: 25.82 (-0.35), YCL: 13.95 (+0.18), URRE: 1.42 (+0.06), YCS: 89.12 (-1.41), CYB: 25.38 (-0.01), FXE: 106.32 (+1.63), UDN: 21.61 (+0.26), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), ERO: 41.04 (+0.73), UDNT: 10.33 (-0.15), DRR: 62.18 (-1.82)
China's Monetary And Exchange Rate Problems Increase With Reform
Global Risk Insights - Seeking Alpha - Sun Mar 15, 8:57AM CDT
The recent cuts in Chinese interest rates underline the economic headaches that China is facing. Between long-term reforms and short-term weakening, there appears to be no easy solution for China's monetary policy. As China embarked on a...
FXCH: 79.77 (unch), CNY: 42.97 (+0.37), XPP: 74.44 (+0.77), CHXF: 53.25 (-0.02), YINN: 39.08 (+0.56), MCHI: 52.97 (+0.18), YANG: 9.49 (-0.08), FXP: 37.81 (-0.37), PGJ: 29.21 (+0.92), CYB: 25.38 (-0.01), FCA: 23.29 (+0.19), YAO: 28.48 (+0.18), YXI: 26.63 (-1.41), CN: 37.41 (unch), FXI: 43.34 (+0.19), GXC: 82.40 (+0.45)
Currency Wars: A Controversy Of Words
The Intercollegiate Finance Journal - Seeking Alpha - Thu Mar 12, 8:12AM CDT
Recently, there has been a lot of rhetoric in the media about how the world's economic superpowers are in the midst of a massive currency war. In light of increasingly expansionary monetary policy (which necessarily leads to the depreciation of the...
FXCH: 79.77 (unch), CNY: 42.97 (+0.37), ULE: 15.74 (+0.44), URR: 17.25 (+0.55), CYB: 25.38 (-0.01), FXE: 106.32 (+1.63), FXF: 99.75 (+1.49), EUO: 26.67 (-0.88), EUFX: 44.64 (-0.66), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82)
China Has Announced Plans For A 'World Currency'
Michael T. Snyder - at Seeking Alpha - Thu Mar 05, 6:21PM CST
The Chinese do not plan to live in a world dominated by the U.S. dollar for much longer. Chinese leaders have been calling for the U.S. dollar to be replaced as the primary global reserve currency for a long time , but up until now they have never...
FXCH: 79.77 (unch), CNY: 42.97 (+0.37), CYB: 25.38 (-0.01)
Chinese premier sets GDP expectations at 7%, inflation target at 3%
Seeking Alpha - at Seeking Alpha - Wed Mar 04, 6:20PM CST
FXCH: 79.77 (unch), CNY: 42.97 (+0.37), EWH: 21.45 (-0.02), PEK: 51.17 (+1.13), CNXT: 40.95 (+1.27), KBA: 51.83 (+1.05), CQQQ: 37.62 (+0.42), CHXF: 53.25 (-0.02), YINN: 39.08 (+0.56), FXP: 37.81 (-0.37), EWHS: 26.67 (-0.14), PGJ: 29.21 (+0.92), FCA: 23.29 (+0.19), YAO: 28.48 (+0.18), FCHI: 53.39 (+0.31), ASHR: 40.53 (+0.83), CBON: 24.62 (+0.15), ASHS: 46.11 (+0.93), GXC: 82.40 (+0.45), FXI: 43.34 (+0.19), XPP: 74.44 (+0.77), DSUM: 24.21 (+0.10), KWEB: 33.31 (+0.62), CHNB: 37.26 (unch), ECNS: 46.38 (+0.73), TAO: 20.88 (+0.01), CHNA: 39.22 (+0.99), QQQC: 22.10 (+0.39), CHIX: 15.82 (+0.15), KFYP: 63.80 (unch), HAO: 25.72 (+0.13), MCHI: 52.97 (+0.18), CHIM: 14.91 (unch), YANG: 9.49 (-0.08), CHIQ: 13.13 (+0.14), CHIE: 13.14 (+0.04), CYB: 25.38 (-0.01), FHK: 41.31 (-0.18), CHII: 14.15 (unch), YXI: 26.63 (-1.41), CN: 37.41 (unch), TCHI: 26.54 (unch)
PBOC Intervening To Put A Floor Under The RMB... For Now
Alpha Now at Thomson Reuters - Seeking Alpha - Wed Mar 04, 2:21PM CST
By Fathom Consulting As regular readers of this column will be aware, we believe that a hard landing for China's economy has become inevitable. What is at issue now is the policy response. Further reductions in official rates of interest are the...
FXCH: 79.77 (unch), CNY: 42.97 (+0.37), CYB: 25.38 (-0.01)
What's Fueling Stock Gains Overseas
Elite Wealth Management - at Seeking Alpha - Wed Mar 04, 9:22AM CST
JYN: 47.40 (-0.75), CNY: 42.97 (+0.37), FXE: 106.32 (+1.63)
Macau Bleeds, Warns About Chinese Economy
Wolf Richter - Seeking Alpha - Wed Mar 04, 6:21AM CST
Macau, the only place in China where folks can go and legally gamble away their money, and one of the most convenient places where they can illegally siphon money out of China and send it to destinations beyond the reach of the government - is it on...
CNY: 42.97 (+0.37), FXI: 43.34 (+0.19)
China's Reforms: Will They Work?
AllianceBernstein - Seeking Alpha - Tue Mar 03, 11:21AM CST
By Hayden Briscoe (click to enlarge) The internationalization of China’s currency is proceeding hand in hand with the liberalization of the country’s capital markets. If China can surmount its short-term challenges, the impact...
CNY: 42.97 (+0.37), CYB: 25.38 (-0.01), FCA: 23.29 (+0.19), FXI: 43.34 (+0.19)
China's Rate Cut Insufficient: Investors Expect More PBoC Stimulus And Yuan Devaluation
Sober Look - Seeking Alpha - Mon Mar 02, 3:43AM CST
China's central bank followed up with a second rate cut this year. While many believe this is a step in the right direction, the move alone will do little to reduce high real rates and tight effective monetary policy. Source:...
FXCH: 79.77 (unch), CNY: 42.97 (+0.37), XPP: 74.44 (+0.77), CHXF: 53.25 (-0.02), YINN: 39.08 (+0.56), MCHI: 52.97 (+0.18), YANG: 9.49 (-0.08), FXP: 37.81 (-0.37), PGJ: 29.21 (+0.92), CYB: 25.38 (-0.01), FCA: 23.29 (+0.19), YAO: 28.48 (+0.18), YXI: 26.63 (-1.41), CN: 37.41 (unch), FXI: 43.34 (+0.19), GXC: 82.40 (+0.45)
China Levels The Global Playing Field
AllianceBernstein - Seeking Alpha - Tue Feb 24, 12:40PM CST
By Hayden Briscoe It's a powerful vision for the world's future. The US and China: two growth powerhouses; two major currencies. At the heart of China's much-publicized economic reforms are the internationalization of its currency - the yuan...
FXCH: 79.77 (unch), CNY: 42.97 (+0.37), XPP: 74.44 (+0.77), CHXF: 53.25 (-0.02), YINN: 39.08 (+0.56), MCHI: 52.97 (+0.18), YANG: 9.49 (-0.08), FXP: 37.81 (-0.37), PGJ: 29.21 (+0.92), CYB: 25.38 (-0.01), FCA: 23.29 (+0.19), YAO: 28.48 (+0.18), YXI: 26.63 (-1.41), CN: 37.41 (unch), FXI: 43.34 (+0.19), GXC: 82.40 (+0.45)
Treasury: China has stopped currency intervention
Seeking Alpha - at Seeking Alpha - Thu Feb 19, 12:02PM CST
FXCH: 79.77 (unch), CNY: 42.97 (+0.37), CYB: 25.38 (-0.01)
Will China's Currency Peg Be The Next To Fall?
Charles Hugh Smith - at Seeking Alpha - Fri Feb 13, 4:26AM CST
I suspect China's leadership is wary of unpegging the RMB for one reason: the FX market is too large to manipulate for long. What is China's currency the renminbi (RMB, a.k.a. yuan) really worth? Nobody knows, because price discovery has been...
FXCH: 79.77 (unch), CNY: 42.97 (+0.37), CYB: 25.38 (-0.01)
Asian Currencies: Which Are The Strongest?
Reid K. - Seeking Alpha - Mon Feb 02, 9:32AM CST
By Reid K Asia is home to more currencies than any other continent on the planet and because of this, there are a wide variety of options for forex traders. Today, we’ll go over just a few of the region’s currencies while looking at...
FXCH: 79.77 (unch), JYN: 47.40 (-0.75), CNY: 42.97 (+0.37), YCL: 13.95 (+0.18), INR: 36.80 (+0.05), ICN: 21.34 (+0.13), CYB: 25.38 (-0.01), YCS: 89.12 (-1.41), FXY: 80.98 (+0.65)
ECB QE And Commodities: ECB Action Sets The Stage For 2015
Andrew Hecht - at Seeking Alpha - Tue Jan 27, 5:18AM CST
FXCH: 79.77 (unch), JYN: 47.40 (-0.75), CNY: 42.97 (+0.37), ULE: 15.74 (+0.44), DEE: 63.00 (-1.12), USDU: 28.43 (-0.39), UBM: 14.57 (-0.13), RJZ: 7.83 (+0.23), FXC: 79.03 (+0.88), FXE: 106.32 (+1.63), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82), HEVY: 28.50 (-0.23), USCI: 45.75 (+0.65), BOM: 16.09 (-0.91), GLTR: 61.41 (+1.07), UUP: 25.82 (-0.35), BOS: 24.00 (-0.27), DDP: 46.00 (unch), WITE: 33.41 (+0.73), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), BCM: 30.62 (+0.48), CMDT: 40.52 (+0.74), URR: 17.25 (+0.55), DYY: 4.10 (+0.08), COMT: 38.80 (+0.63), EUO: 26.67 (-0.88), JJP: 56.85 (+1.25), BDG: 16.15 (unch), FTGC: 24.53 (+0.40), YCL: 13.95 (+0.18), JJM: 26.07 (+0.95), BDD: 6.60 (unch), YCS: 89.12 (-1.41), PDBC: 19.93 (+0.26), BLNG: 30.80 (-1.60), UDNT: 10.33 (-0.15), DPU: 10.51 (unch), DBB: 15.19 (+0.30), DBC: 17.21 (+0.23), USMI: 18.40 (-0.46), RGRC: 17.61 (unch), UUPT: 29.72 (-0.06), FXY: 80.98 (+0.65), RGRI: 20.52 (unch), RGRP: 16.71 (+0.25), SBV: 27.97 (unch), DBP: 36.96 (+0.56), CYB: 25.38 (-0.01), UDN: 21.61 (+0.26)
Draghi's 'Do Whatever It Takes' Beats Estimates
Doug Noland - Seeking Alpha - Tue Jan 27, 3:10AM CST
Let's return to where we left off in late-December: "Bubble On, Bubble Off." The thesis remains that the "global government finance Bubble" was pierced in 2014. However, in a world of unprecedented liquidity excess, deflating...
FXCH: 79.77 (unch), CNY: 42.97 (+0.37), ULE: 15.74 (+0.44), URR: 17.25 (+0.55), EUO: 26.67 (-0.88), SPY: 210.41 (+0.91), QQQ: 108.53 (+0.45), DIA: 180.96 (+1.30), CYB: 25.38 (-0.01), FXE: 106.32 (+1.63), FXF: 99.75 (+1.49), ERO: 41.04 (+0.73), EUFX: 44.64 (-0.66), DRR: 62.18 (-1.82)
The 'Neutral' Swiss Just Changed Sides!
Bill Holter - at Seeking Alpha - Fri Jan 23, 6:21PM CST
The Swiss have been known for many things. They are renowned chocolate and watch makers as well as financiers. They are well known as a very low crime society where nearly everyone has a gun (maybe this is why crime is low?) but their greatest claim...
FXCH: 79.77 (unch), CNY: 42.97 (+0.37), CYB: 25.38 (-0.01), FXE: 106.32 (+1.63), FXF: 99.75 (+1.49), FSZ: 41.00 (+0.97), EWL: 34.00 (+0.71)
The Reset Has Already Begun
Bill Holter - at Seeking Alpha - Thu Jan 22, 5:18AM CST
Editor's note: Originally published on January 19, 2015 For several years there has been talk of a financial and economic “reset” coming, this is no longer speculation as the reset has already begun! The Swiss have suppressed the price...
FXCH: 79.77 (unch), GLDI: 11.72 (+0.09), CNY: 42.97 (+0.37), OUNZ: 11.79 (+0.12), UGLD: 10.99 (+0.33), FSZ: 41.00 (+0.97), EWL: 34.00 (+0.71), GLDE: 14.06 (+0.24), GYEN: 13.06 (+0.01), SGOL: 115.86 (+1.34), GEUR: 13.79 (-0.02), FXF: 99.75 (+1.49), UGL: 38.08 (+0.77), BARS: 47.25 (-1.58), TBAR: 23.82 (-0.05), DZZ: 7.35 (-0.15), DGL: 39.03 (+0.43), DGP: 23.18 (+0.53), DGLD: 74.82 (-2.68), UBG: 30.56 (+0.27), DGZ: 15.52 (-0.17), GLD: 113.57 (+1.28), CYB: 25.38 (-0.01), IAU: 11.44 (+0.13), GGBP: 13.25 (+0.48), AGOL: 113.86 (unch), BAR: 26.60 (+0.79), GLL: 98.55 (-2.23)
Will Chinese Gold Demand End 2014 With A Boom?
Koos Jansen - at Seeking Alpha - Sun Jan 18, 2:51AM CST
Editor's note: Originally published on Bullionstar.com on 21 December, 2014 Shanghai Gold Exchange (SGE) withdrawals in week 50 (December 8 – 12) accounted for 50 tonnes, year to date 1,955 tonnes have been withdrawn. (click to enlarge) ...
FXCH: 79.77 (unch), SGOL: 115.86 (+1.34), CNY: 42.97 (+0.37), DSUM: 24.21 (+0.10), OUNZ: 11.79 (+0.12), GLD: 113.57 (+1.28), CHNB: 37.26 (unch), CYB: 25.38 (-0.01), IAU: 11.44 (+0.13), AGOL: 113.86 (unch), CBON: 24.62 (+0.15)