Nomura on the yuan: stable while Xi is in US, risk for weakness after

The Financial Times reports on comments from Stuart Oakley, managing director global EM at Nomura (FT may be gated, here is the ling for more)

Says the renminbi will remain stable for the duration of Chinese President Xi Jinping's visit to the US, but "After that, the chance of another leg of weakness ... rises considerably"

-

Dunno ... last month's devaluation of the yuan might not be repeated, but a more gradual pace is probably likely.

ps. This graph via Nordea Bank showing how the yuan and S&P500 moved: