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


Yuan mid point setting coming up soon!