China finance minister commenting on US QE exit

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In Washington, China’s finance minister Lou Jiwei is commenting on the fed’s QE exit.

  • Urges US to consider international impact of exit from QE
  • Impact of US exit from QE on China wont be large because capital account is not fully open but other developing countries could suffer
  • Sustained US growth supports QE exit but jobless rate suggests its still to early.

Author: Kyle Shortland

Kyle Shortland has nearly 20 years of investment management and financial markets experience and currently produces Asian FX technical analysis for MNI. Before joining MNI Kyle spent 3 years as a Foreign Exchange Analyst for Thomson-Reuters IFR Markets product. Kyle’s previous roles included tactical asset allocation and the development and management of model equity, commodities and foreign exchange portfolios for various Australian banks and funds. Kyle originally gained his experience in the FX markets as a spot trader with Colonial State Bank in Sydney Australia. Kyle holds a Masters of Applied Finance degree from Macquarie University, and a Bachelor of Commerce degree from Newcastle University.

6 Comments

  1. FED is in the mkt selling the dollar again (now that the mkt is thin). Watch out people they’re playing their games and they’re coming after your stops ;-)

  2. Lot of Americans heading for the exit door as well. Not a small thing when American citizens born and raised in the US are leaving or plan on leaving.

  3. Impact of US exit from QE on China WILL impact China exports which are basically based on USD

  4. Richard, you’re ridiculous. Most Americans? How many have you met while in America?? Traveled American citizens are very few and many don’t have passports even.

  5. I said a lot, not most. And as an American whose father at age 11 and my grandparents not versed in English, came over from Constantinople in one of the waves of immigrants after the fall of the Ottoman empire. Whose father fought in the Pacific theater of War under McArthur.
    Whose mother left the mining regions of the upper peninsula of Michigan to strike out on her own at age 16.
    Who has a son who served in the war zones of Iraq, with two tours of duty in Afghanistan.,
    What is going on in America is the biggest crock of shit i have experienced in my 62 years of living in America.

    And I am not alone in my thoughts.

  6. Richard I agree with the biggest crock living in America uunder the current regime. My son had a paper to do for school about a “Day in America” how the government has intruded every aspect on your daily life. Amazing how every move you make all day the government has some kind of control over you. Not just the US either.

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