US Dollar/Chinese Yuan
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USDCNH Long Term Trade

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Fundamental Insight

We all know that U.S. in tightening cycle now, and half of the world will follow soon, but only China did the rate cut.

  • On January 5, Premier Li said the government should implement “new and greater
    combined tax and fee cuts [in order to] ensure a stable start for the economy in Q1
    [and] stabilize the macroeconomy.”

  • On December 27, the MoF reiterated that it would “strengthen the coordination and
    linkage of fiscal and monetary, employment, and other policies” and added that the
    government will “give play to the role of fiscal policy to stabilize investment and
    promote consumption.”

  • The PBoC recently added a new call to “take more proactive measures to boost
    support for the real economy” and “better stabilize the aggregate credit growth” as
    well as “bring down the overall financing costs for businesses.”
Dagangan aktif
Nota
Lower time frame for now:
syot kilat

Penafian

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