CNY News and Press, Market Vectors Chinese Renminbi/USD ETN From 12/15/23

2023-12-15 04:22:01 ET China is expected to run a budget deficit of 3% of its gross domestic product next year, lower than the revised 3.8% target for 2023 as Beijing aims to maintain fiscal discipline, Reuters reported citing sources. Its economic growth target is around 5% ...

2023-12-08 07:44:56 ET More on iShares MSCI China ETF MCHI: China's Economy Keeps Struggling, Weighing Down On Stocks Moody's revises China's credit outlook to negative, affirms A1 rating Biden hails progress in Beijing ties; Xi tells CEOs China ready to be U.S. part...

2023-12-05 07:23:47 ET More on Chinese Yuan/US Dollar, etc. YINN: Avoid The 'Snowball' Effect MCHI: China's Economy Keeps Struggling, Weighing Down On Stocks GXC: A Chinese Balance Sheet Recession Looms Large China’s Manufacturing PMI improves to three...

2023-12-01 02:30:30 ET The Caixin China General Manufacturing PMI rose to 50.7 in November from 49.5 in October, beating market forecasts of 49.8 and pointing to the highest reading since August. Both output and buying levels returned to growth, amid recent efforts to revive a sluggis...

2023-10-25 06:33:31 ET China has rolled out fresh stimulus to prop up its struggling economy, with its top parliament body clearing a CNY 1T ($136.66B) sovereign bond issue, although concerns remained over its wider impact on growth. The move, which will push China's 2023 budget defic...

2023-10-10 08:11:51 ET More on Chinese Yuan / US Dollar, iShares China Large-Cap ETF, etc. FXI: Growth And Promise Do Not Always Translate To Returns FXI: Chinese Large Caps And Weak Economic Data 3 Stocks That Are Still A Buy On China's Recovery Story U.S., ...

2023-10-06 11:08:58 ET More on US Dollar Index U.S. Employment Data To Determine Whether The Greenback's Rally Since Mid-July Is Over. Maybe Strategic Ambiguity Leaves Intervention Question Unanswered, But U.S. Dollar Has Steadied Dollar Stabilizes After Extending Ga...

2023-09-11 21:25:00 ET Summary As of last Friday, the Chinese yuan depreciated to a 15-year low against the dollar, to close last week at 7.3640 ($0.1358) on the USDCNY exchange rate. The U.S. stock market generally has a negative correlation with the yuan, albeit not a perfect on...

2023-09-01 04:49:00 ET Summary Stubborn resilience in US activity data and risk-off waves from China have translated into a strengthening of the dollar over the summer. We still think this won’t last much longer and see Fed cuts from early 2024 paving the way for EUR:USD re...

2023-08-17 09:19:00 ET More on China and the Yuan 3 Stocks That Are Still A Buy On China's Recovery Story GXC: Staying Selective On China Following The July Politburo Meeting Dollar Peaks Against Yuan As Chinese Economic Slowdown Weighs On USD/CNY Exchange Rate ...