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China's economic slowdown and unprecedented devaluation of Yuan
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China's economic slowdown and unprecedented devaluation of Yuan

  #31 (permalink)
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Itchymoku View Post
Honestly it depends on the time frame.

I purposely keep things subjective, I think it's better that way so people can vote based on their own view.

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  #32 (permalink)
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  #33 (permalink)
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8/18/2015 excerpt for Seeking Alpha:
.... the PBOC took fresh steps to offset capital outflows prompted by its weakened currency. China's central bank placed 120B yuan ($18.8B) worth of seven-day reverse repos into the money market during the session.......
https://mail.aol.com/webmail-std/en-us/suite

The weakening of the Yuan requires the government to inject money into the economy to maintain purchasing power. China may sell some of their reserves of US treasury bonds to finance their activity. Putting downward pressure on US treasuries.

Further weakening may mean more downward pressure on US treasuries.

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  #34 (permalink)
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China based foreign companies

I spend 60% of my time in Shanghai area and have been doing so since 4 years back. Our company and other GM´s who i spend my free time with have seen the benefit of manufacturing good´s in China dissapear epesically in comparison with European companies. We have moved and are moving production back to Europe and to our plant in India due to the increasing cost in China. We have 2 plant´s in Sweden and 1,5 years ago Yuan and SEK was 1:1. Day before they devaluated it was 1: 1,4. The benifit was about 30 % in favour of China erlier suddenly it was more expensive to produce certain product´s in China especially if your main focus are exporting to Europe. I think this was better for USA that China devaluated than that USD value was increased by increasing interest rate which could have offset the balance between Euro and USD. Now the cost of production is simular in USA and Europe.

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  #35 (permalink)
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@zerohedge: PBOC TO INJECT 120B YUAN WITH 7-DAY REVERSE REPOS: TRADER

https://twitter.com/zerohedge/status/634172136916037637

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  #36 (permalink)
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China's sovereign wealth fund is betting big on a stock market recovery - Business Insider

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  #37 (permalink)
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@Callum_Thomas: Everybody, quick, change your narrative on #China, growth is rebounding... on your marks, get set... GO! pic.twitter.com/zW5QguhC1g

https://twitter.com/Callum_Thomas/status/634182949315854336

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Sent from my phone

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  #38 (permalink)
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It would be interesting to compare tick data from the S&P to tick data from SSE Composite Index.

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In China, government stock market manipulation is overtly direct. It would be hard to imagine the US government buying stocks to prop up the market.

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  #40 (permalink)
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Camdo View Post
It would be hard to imagine the US government buying stocks to prop up the market.

What if I told you there was another way of accomplishing the same goal but without directly buying equities?

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