Not Going to Be a Lot of Weakness in Yuan Over Next Few Weeks, Says SocGen’s Daw

Not Going to Be a Lot of Weakness in Yuan Over Next Few Weeks, Says SocGen’s Daw

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Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the current market trends, focusing on the yuan and the PBOC's efforts to manage its value. It highlights the potential impact of the G20 meeting on trade discussions between the US and China, emphasizing the market's anticipation of possible outcomes. The speaker suggests a short-term strategy of being short on dollars against the yuan, considering the current market conditions and potential policy signals.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two aspects mentioned regarding the comments from the PBOC?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the seven level in the currency market according to the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the potential for weakness in the yuan over the next few weeks?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the best case scenario for the meeting between President Trump and Xi according to the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the market's expectations regarding tariffs in the US as mentioned in the text?

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