Thoughts – Insights

"The Day Today" - 8 Jan 2016

* China ended an eight-day run of reductions to the yuan’s reference rate * China regulator orders banks in some hubs to limit dollar buying this month * UK Chancellor Osborne warns of ‘dangerous cocktail . . . To read this article, please log in or sign up to one of our subscription packages. LOG…

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"The Day Today" - 7 Jan 2016

* China stocks open for the shortest time ever, 14 minutes of trading before the -7% circuit breaker kicked in * China regulator now says that large shareholders can sell their stakes, but caps it to only 1% for three months, effective from Jan 9th * However Chinese fund manager says he dumped . ….

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"The Day Today" - 6 Jan 2015

* China stocks are up but Offshore Chinese yuan plunges to five-year low against dollar * China December Caixin services PMI falls to 17-month low as new business cools * Pressure Grows on Saudi Arabia to Ditch Dollar Peg: WSJ . . . To read this article, please log in or sign up to one…

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"The Day Today" - 5 Jan 2015

* Riksbank announce it has taken “the decision required to be able to instantly intervene on the foreign exchange market if necessary” * China financial regulators support stocks with policy outlook, cash injection, and a

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"The (Happy New Year) Day Today" - 4 January 2016

* Chinese equities down 7-8% and trading is halted as circuit breakers are triggered * PBOC fixes yuan above 6.5000, first time in 4 years * Saudi Arabia breaks off diplomatic ties with Iran * Fed Mester on rate rises: “I . . . To read this article, please log in or sign up to…

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