Today, as noted in the news, the Chinese regulator has been intervening in the financial markets. Bloomberg news agency records the largest inflow of cash investments in equity ETFs. But! Usually, when regulators step in and carry out serious interventions, the first thing that happens is strong changes in currency quotes. However, the Chinese Yuan…
According to the latest data, in the Eurozone, the automotive market added +17% in July. This is the twelfth consecutive month of sales growth. “Who are they selling to?” – you ask. Everything is obvious here, and everyone is well aware that the largest sales market is under sanctions, while China has its own. It…
The Chinese yuan, following the Russian ruble, continues to weaken against the dollar. It was announced today that Chinese banks are considering further cuts in deposit rates (the third cut this year) to stimulate the economy. From a fundamental point of view, the Chinese yuan should weaken, but from a technical point of view, given…
The Japanese yen is trading in a range as part of the completion of the five-trend buying wave. Earlier, in this range, the Bank of Japan carried out interventions to reduce the exchange rate against the dollar and devalue the national currency. We expect the market to react to this range and reduce quotes against…
