5min chapter

Market Depth cover image

People's Bank Of China Is Running Without A Governor

Market Depth

CHAPTER

China's Weak Macro Data Points Are Causing the Yuan to Move Higher

weak macro data points out of china are long well it ties into markets or markets just don't care anymore either way okay but they're not like market moving events in of themselves all right so here's what happened first before any of like the specific data drop we had yet another stronger yuan midpoint fixing for now i believe what the 11th day in a row now. The weaker inflation data drops and as a result dollar yen reverse is higher or yuan moves lower and then continues in that direction or so the media narrative would be okay with that said. Here is dollar yuan inverted in red and the hank sank hash index in white over the last two trading sessions starting with market on open until

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