Citi's Apabhai: Probably Be More Inclined to Be Long H.K. Dollar Than Yuan

The video discusses the dynamics between the Yuan and the dollar, highlighting the potential reasons for Yuan's strength and the implications of dollar weakness. It explores market trends for 2020, emphasizing the need for strategic trading due to changing conditions. The impact of the Fed's balance sheet expansion, akin to quantitative easing, on global markets is analyzed, with a focus on its effects on equities and potential market bubbles.

What is the main question regarding the Yuan's recent performance?

• If the Yuan's strength is due to increased gold reserves.

• Whether the Yuan will depreciate against the Euro.

• If the Yuan will replace the dollar as the global currency.

• Whether the Yuan's strength is due to its own performance or the dollar's weakness.

What is the speaker's stance on the Yuan's strength?

• The speaker believes the Yuan's strength is irrelevant to trade news.

• The speaker is confident the Yuan will surpass the dollar.

• The speaker thinks the Yuan will weaken regardless of trade news.

• The speaker believes the Yuan's strength will continue as long as trade news is positive.

How does the speaker view trading opportunities in 2020 compared to 2019?

• 2020 offers more dynamic trading opportunities than 2019.

• 2019 had more dynamic trading opportunities than 2020.

• 2020 offers fewer trading opportunities than 2019.

• Both years offer similar trading opportunities.

What is the effect of the Fed's balance sheet expansion according to the speaker?

• It leads to a decrease in global equities.

• It causes the dollar to weaken.

• It has no effect on global markets.

• It mimics QE and supports global equities.

Until when does the speaker believe the current financial trends will continue?

• Until June.

• Until December.

• Until February.

• Until April.