China about to kick off after week-long holiday, Goldman says yuan devaluation very unlikely

Author: Eamonn Sheridan | Category: News

Chinese markets are about to open. Looking ahead, Goldman Sachs says the ongoing ttrade talks make a "unilateral devaluation" of the yuan very unlikely

I haven't seen their tip for the mid rate will be set today though
Coming up from China this week for clues:
  • trade data on Thursday
  • inflation data on Friday
  • and … a question mark … PBOC easing?

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