HSBC expects the yuan to depreciate by 3% to see the end of this year by the end of 5%, see Figure 6 tinyos

HSBC material devaluation of the RMB this year by the end of 3% to see the exposure of the 6.9 Sina fund platform: letter Phi lag behind false propaganda, the performance of long-term lower than similar products, how to buy a fund pit? Click [I want to complain], Sina help you expose them! FX168 financial newspaper (Hongkong) – HSBC senior currency strategist Wang Ju on Wednesday (August 31st) said recently, Shanghai and Hong Kong through 2 years of operation, proof of Hongkong’s offshore RMB market, capital flows can be increased due to the open market, has little effect on the RMB exchange rate, with Shanghai and Hong Kong through the cancelled total quotas, estimated daily amount the final will be cancelled. The Fed officials in recent comments more hawkish, so that the market interest rate is expected to rise, Wang Ju believes that this will make the dollar stronger, short-term RMB will continue to depreciate, this year is expected to fall between 3% to 5% by the end of this year, with 6.9 dollar, which has reflected the possibility of the potential interest rate. Wang Ju believes that the market has been gradually accept RMB devaluation trend, this is also a necessary process, open the market exchange rate, but according to the experience of a strong dollar cycle will only last for about 5 years, the material basis does not exist long-term depreciation of the rmb. In addition, although the mainland stock market and the exchange rate fluctuations, so that the capital market reform process was slowed down, but in May this year to open the inter-bank bond market to foreign institutional investors, reflecting the direction of reform has not changed. In the face of the global low interest rates, the bond market has a great appeal to investors, many European and American investors have entered the mainland interbank bond market, attracting substantial inflow of funds, that the land will continue to gradually reform, in this direction, the future need to open more cross-border investment channels, the material will involve derivatives and commodities. U.S. dollar half a year trend source: FX168 financial network (to enter the Sina financial stocks] discussion相关的主题文章: