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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: bull_dozer who wrote (191596)	9/8/2022 8:38:45 PM
From: bull_dozer	Read Replies (2) \| Respond to of 217767

Fed policy pivot? Declining liquidity of the Treasury market will begin to show cracks in many credit markets--and then...insolvencies https://t.co/w7jVqmLz5B — Harald Malmgren (@Halsrethink) September 8, 2022

To: bull_dozer who wrote (191596)	9/11/2022 11:25:52 PM
From: bull_dozer	2 Recommendations Recommended By fred woodall Pogeu Mahone Read Replies (2) \| Respond to of 217767

Renminbi heads for record yearly fall against the dollar Covid lockdowns, sputtering economic growth and diverging monetary policy pile pressure on China’s currency The renminbi is on course for its largest annual fall on record against the dollar despite Beijing taking its strongest steps to stem the currency’s decline, as growing monetary policy divergence between China and the US piles pressure on exchange rate stability. The sharp weakening of the renminbi comes at a pivotal moment for China’s Communist party, which is gearing up for a leadership summit in October where President Xi Jinping is expected to secure an unprecedented third term in office. The drop of 8.7 per cent against the greenback this year to Rmb6.96 puts the renminbi on track for its biggest annual fall since China abandoned its longstanding currency peg and moved to a managed floating exchange rate in 2005. Policymakers have begun responding more vocally to the sell-off this year, which began when Xi’s harsh Covid-zero policy plunged the financial hub of Shanghai into a two-month lockdown in April, and accelerated in recent weeks as the dollar gained against a raft of global peers. Analysts and economists warned that further depreciation was probable as the US Federal Reserve continues to raise interest rates at the same time that China’s central bank maintains loose policies to help steady a reeling economy. “I don’t think authorities are going to mount any strong, line-in-the-sand type of defence of the renminbi, but they don’t want to see undue volatility,” said Mansoor Mohi-uddin, chief economist at Bank of Singapore. ft.com