Is China’s currency undervalued? BCA Research weighs in.

Is China’s currency undervalued? BCA Research weighs in.
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Is China’s currency undervalued? BCA Research weighs in.
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The GBP/USD price stays positive above 1.3100, awaiting the UK budget. The UK government faces a strong challenge to balance between growth and fiscal deficit. Markets eye Fed comments and US PPI ahead of Wednesday’s UK budget. The GBP/USD price trades above 1.3100 on Tuesday, broadly unchanged as investors stay focused on Wednesday’s UK Autumn…
Dollar firms ahead of data dump; sterling falls after quits rate hits 5-year high Source link
The Great Rotation in equities is underway, with the U.S. large-cap tech sector losing its dominance as other sectors, markets, and asset classes take over. And dominance it is: Nvidia Corp. (NVDA:NASDAQ) alone has a larger valuation than the entire markets of Canada or the U.K. That alone might make one scratch one’s head. The…
By the end of Friday, the Dow Jones (US30) Index added 0.51% (up +0.98% for the week). The S&P 500 (US500) gained 0.01% (up +0.81% for the week). The technology-focused Nasdaq (US100) closed lower by 0.28% (up +0.78% for the week). The US government shutdown continued for a third day, but it had no impact…
China’s Commerce Ministry is out with a statement and it doesn’t look like they want a quick deal with the USA: China’s rare earth export control measures are “legitimate” Rare earth export control measures designed to better safeguard world peace and regional stability Rare earth export control measures designed to better fulfill international obligations such…
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