Report
From a trade war to a currency war?
Since Donald Trump announced on 5 May a 15pt hike in trade tariffs on $Â 200bn of Chinese imports in the US, the yuan has depreciated against the dollar. This is logical as making imports more expensive reduces demand for foreign currencies (dollar supply). If the FX rates were completely free, the Chinese yuan could exceed the 7 mark, and even approach the 8 mark in the event of the hike in trade tariffs being extended to all Chinese imports. If the PBOC is unwilling (or unable) ...
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
Other Reports from Oddo BHF
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.