China Last Night KraneShares Key News Asian equity markets were ALL down after US equity markets fell and Treasury yields rose yesterday as risk markets are taking the Fed tightening seriously. The As...
Tag: CNY
CNY Rallies As Central Banks Hike Interest Rates
China Last Night KraneShares Key News Asian equity markets were broadly higher as Taiwan and South Korea outperformed. Central banks, including the Hong Kong Monetary Authority, the European Central B...
Political Rhetoric Or Negotiating 101, PMIs Shine! BYD’s BOOM!
China Last Night KraneShares Key News Asian equities were lower in advance of central banks hiking interest rates this week, while India managed a small gain and the Philippines and Taiwan underperfor...
Matrixport data shows bitcoin price up by 9% over CNY
Matrixport’s new research report shows the price of bitcoin (BTC) has gained over 9% on average during every Chinese new year (CNY) since 2015. The researchers forecast decent short-term gains for inv...
CNY Ignores Western Headlines, Tencent Rises
China Last Night KraneShares Key News Similar to yesterday, North Asia was off, while South Asia managed small gains on light volumes following the US equity market sell-off yesterday. US tech weaknes...
Olive Branches Pave The Way For Biden-Xi Indonesia Meeting
China Last Night KraneShares Key News Asian equities were largely higher though Japan, China, and Hong Kong were off. Both Hong Kong and China opened strong but came off the morning highs across the t...
Hong Kong Internet Stocks Bounce As Alibaba’s Singles Day Kicks Off
China Last Night KraneShares Key News Asian equities were mixed overnight as the Asia dollar index made another 52-week low. Please see our take on yesterday’s market volatility using the below link: ...
China’s CNY Falls Beyond 7.3 – Trustnodes
China’s yuan has fallen beyond 7.3 to the dollar, its lowest level since 2008, amid a capital flight that contributed to a stock market crash of 6% in Hong Kong’s Hang Seng index to its lowest level i...
Mainland Stocks & CNY Stage Mid Day Reversal
China Last Night KraneShares Key News Asian equity markets were mixed as China outperformed. In the words of a Mainland stock broker, it was “an exciting trading day”. Onshore China (Shanghai/Shenzhen...
Travel Plays Fly On Hong Kong & Macau Reopening, PBOC Pumps Brakes On CNY Depreciation
China Last Night KraneShares Key News Asian equities were off with an emphasis on growth stocks except for Hong Kong, as internet stocks outperformed. Hong Kong finally saw some positive catalysts as ...
China Central Bank Releases Digital CNY Smart Contract Prepaid Fund Management Product
According to the China Financial Association, the Digital Currency Research Institute of the People’s Bank of China has launched a digital renminbi smart contract prepaid fund management product...
US Dollar Strength Weighs On CNY
China Last Night KraneShares Key News Asian equity markets were all down overnight. It was a light news day as Fed hike fears and the strong dollar weigh on local sentiment. According to Bloomberg New...
China zero-Covid lockdowns, CNY holiday impact supply chains, ports
Streets in Tianjin, China, empty out on Jan. 10, 2022, as the city enters partial lockdown following a spike in omicron cases. Geno Hou | Future Publishing | Getty Images Covid lockdowns, quarantines ...