There have been persistent calls for a stable yuan (CNY) from China these past weeks

Sort of like jawboning really ... but to keep it 'stable'.

Bloomberg, however, focus on 5 key threats seen to the currency this year:

  1. A Hawkish Fed ... "the single biggest risk "
  2. A Trump label of the country as a currency manipulator, and/or a trade war
  3. A stumble for the economy might lead to a depreciation for the yuan and/or higher leverage in the economy
  4. Capital controls could be pared back, which risks reigniting outflows
  5. Politics ... specifically regional tension

Bloomberg piece is here for more

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Yuan mid point setting coming up soon!