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