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Results: listing 1 - 6 of 141 for “China”

Macro Comment China — CNY should weaken soon as USD gains strength again

As the USD regains strength generally, we expect the CNY to weaken versus the USD, as we stick to our forecast of a stable effective Chinese exchange rate. From late 2018, we expect a stronger CNY, amid re-newed USD weakness.

Bjarke Roed-Frederiksen, Senior Economist | bjro03@handelsbanken.dk

Fast Comment China — Stable economic growth

  1. GDP growth reported at 6.8 percent y-o-y in Q4
  2. Sharp decline in retail sales growth in December
  3. Gradual growth slowdown ahead

Bjarke Roed-Frederiksen, Senior Economist | bjro03@handelsbanken.dk

Fast Commment China — The PBoC raises borrowing cost amid mixed growth signals

  1. Growth indicators mixed in November
  2. Interest rate hike with limited real impact
  3. We see growth slowing

Bjarke Roed-Frederiksen, Senior Economist | bjro03@handelsbanken.dk

Fast Comment China — Manufacturing PMIs send mixed signals

  1. Markit PMI slightly down, but official PMI slightly up
  2. Economic growth is slowing

Bjarke Roed-Frederiksen, Senior Economist | bjro03@handelsbanken.dk

Fast Comment China — Property sector cool down weighs on growth

  1. Retail sales growth disappointed in October
  2. Services not captured by retail sales figures

Bjarke Roed-Frederiksen, Senior Economist | bjro03@handelsbanken.dk

Macro Comment China — CNY to be kept stable, but only in effective terms

We revise our USD/CNY forecast after seeing signs of Chinese authorities being less worried about CNY weakness, and on the back of revisions to our USD forecast. Our underlying view of a stable effective exchange rate is unchanged and we continue to expect a weakening of the CNY versus the USD in the short term, but a stronger CNY in the long term.

Bjarke Roed-Frederiksen, Senior Economist | bjro03@handelsbanken.dk