Yuan to Appreciate Against Dollar, Says Deutshe Bank’s Liu

The video discusses China's macroeconomic strategy, focusing on currency forecasts and the rates market. It predicts the RMB will appreciate against the dollar due to factors like current account surplus and portfolio inflows. The video also covers the impact of supply issues on the rates market, noting that most supply risks have been priced in. It highlights the supportive role of offshore inflows and the expectation of interest rate normalization, with a focus on maintaining moderate duration exposure.

What is the expected impact of the government debt supply on the market?

What are the anticipated changes in interest rates and volatility in the second half of the year?