Oanda's Innes: See Gradual Depreciation of Yuan

The video discusses recent economic data from China, highlighting market reactions to dismal trade data and PPI numbers. It explores currency dynamics, particularly the CNY and CNH, and the PBOC's influence on market expectations. The impact of US economic data and political events, such as the upcoming election and potential Fed rate hikes, is analyzed. European market sentiment is examined, focusing on the euro, ECB policies, and Brexit-related risks. Finally, the outlook for emerging Asian markets is considered, emphasizing interest rate and growth differentials.

How might the outcome of the U.S. elections impact market sentiment and economic policies?

What are the potential risks associated with the current political climate in the U.S. and Europe?

In what ways could the ECB's policies affect the euro and the broader market?