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A Defining Week For Major Central Banks & Global Markets

Market Depth

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The PBOC Daily Yuan Fixing and the Hong Kong and Chinese Equity Markets

This is this dollar C&H inverse over the last several days. The PBOC daily Yuan fixing at 9 15 a.m. every day and this recent ongoing trend of setting the Yuan fixing stronger versus expectations. There are just periods of significant directional movements very sharp movements that suddenly occur. This is what actual market impacting if not market relevant policy activity looks like again not just pledging support from officials but price setting.

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