PBOC welcomes Chinese bonds inclusion in FTSE Russell

The People's Bank of China (PBOC), the country's central bank, said on Friday that it welcomes FTSE Russell's announcement to include Chinese bonds in its World Government Bond Index (WGBI). Source: Xinhua | 2020/9/26 8:09:08Want to know more on PBOC welcomes Chinese bonds inclusion in FTSE Russell click here go to market news source. Market news summary from Global Times Market News.Author:

Chinese financiers bet on volatility as US election heats up

Author: Thu, 2020-09-24 00:22 SHANGHAI: Investors in China are betting on a bumpy ride until the end of the US presidential election and seeking to protect their assets from a long chill in Sino-US ties. Global equity fund managers are shifting out of New York-listed Stock Market in Chinese firms and into Hong Kong-listed vehicles to counter the risk of forced delistings, as both Democrat Joe Biden and Republican President...

Hong Kong to widen Bond Connect, add products to direct more global capital towards China’s fixed-income products

Hong Kong, the largest offshore trading centre for the renminbi, plans to strengthen its role as mainland China’s gateway to the global capital markets, as it expands its transborder investment channel to augment the country’s bond market and attract overseas funds. The city, where global investors transacted 19.5 billion yuan (US$2.87 billion) of fixed-income products everyday in August via the Bond Connect, will introduce more currency and bond...

A European Perspective On Primacy In A Digital World

As the Euro is jostled by the Yuan/Renminbi and squeezed by the dollar, the lack of true world scale home-grown new economy enterprises has come to haunt the European psyche. How the digital Euro will level the "paying field".Want to know more on A European Perspective On Primacy In A Digital World click here go to Crypto & Blockchain news source. Crypto & Blockchain news summary from Forbes...

Peter Morici: Ballooning federal deficits threaten Fed independence, and give an opening to Chinese yuan

The Fed's monetary-policy independence is gone, massive federal deficits threaten the dollar’s status as the global currency, and the Chinese yuan is waiting in the wings. Want to know more on Peter Morici: Ballooning federal deficits threaten Fed independence, and give an opening to Chinese yuan click here go to market news source. Market news summary from MarketWatch Stock News. Author:

China’s yuan firms, set for eighth week of gains

China's yuan firmed on Friday, resuming its march higher against the dollar and putting it on course for an eighth straight week of gains after weak U.S. data pulled the greenback lower. As of midday Friday, the yuan was up more than 1.3% for the week, set for its strongest weekly gain against the dollar since January 2019 and its longest weekly winning streak against the greenback since...
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