RMB bearish sentiment reached 4 months of the highest offshore lending rates soared wharfedale

RMB bearish sentiment reached 4 months of the most concentrated offshore lending rates soared hot column capital flows thousands of thousand comment stocks diagnosis the latest rating simulated trading client Sina Taiwan Fund exposure: the letter Phi lag of false propaganda, long-term performance is lower than similar products, to buy the fund by the pit how to do? Click [I want to complain], Sina help you expose them! Sina Financial News on September 13th news, according to Peng Bo reported with the possibility of increasing U.S. interest rates boosted the dollar, Hongkong’s RMB lending rates soared, traders on the RMB bearish sentiment rose to the highest level in nearly 4 months. Compiled by Bloomberg data show that 12 month non deliverable forward contracts (NDF) than the spot rate of discount of 3%, the largest since May 18th. In the market speculation authorities intervened, the offshore renminbi regained some of the lost land today. According to the Hongkong Capital Markets Association (TMA) data, the RMB 3 month Hongkong interbank offered rate rose 95 basis points, the biggest gain since February, up to 4.21%. China in occasion of the economic slowdown, the central bank will allow traders to bet on Renminbi weakness, in order to reduce domestic exporters suffering; RMB has become the worst performing Asian currency this year, the dollar fell 2.7%. Bloomberg dollar spot index soared 0.5% on Friday, as Rosengren, the governor of the Federal Reserve Bank of Boston, Eric, said the US economy could overheat if the rate hike dragged on too long. Mizuho bank foreign exchange strategist Zhang Jiantai said, as long as reflected in the market, people are still bearish RMB; in the Rosengren speech, the market is expected to increase in September by heating of the United states. Devaluation of the people affect the geometry? (from the Hebei daily) devaluation of the whole country, there are advantages and disadvantages. The advantage is that foreigners can use the same money to buy more things, so pull the foreign trade, promote exports. Similarly, the cost of foreign travel to China is also reduced, which can promote the development of China’s tourism industry. Of course, the drawbacks are more obvious, devaluation will exacerbate the volatility of financial markets. Two rounds of devaluation in August and last year in November, accompanied by sharp fluctuations in global financial markets, and finally to the central bank to suspend the devaluation of the renminbi and the end. At the same time, the fluctuation of the market and the rise of the risk premium will also have a negative impact on China’s domestic investment and consumption. Devaluation will accelerate capital outflows. There is no denying that the United States to raise interest rates in the environment, regardless of devaluation of the RMB devaluation, capital outflows from china. However, the devaluation of the RMB will deteriorate the expected depreciation of the exchange rate, thereby speeding up the pace of capital outflows. Many people believe that the devaluation of the RMB and the lives of ordinary people is not associated with the fact that this is not the case, these types of people affected by the devaluation of the renminbi is also obvious. The first category: outbound tourists. Devaluation of the RMB will lead to increase the price of outbound travel, shopping expenses increased. For ordinary people, the devaluation of the largest and most direct impact is to travel abroad. Data show that in 2015, China’s mainland citizens out of相关的主题文章: