Markets have shown increased volatility in the past few weeks, mainly due to the asymmetrical effect that the new Omicron…
Markets have shown increased volatility in the past few weeks,…
The offshore Yuan continues moving violently. From 6,40 to 6,70 in two weeks is a massive move, especially as this is no small cap stock. Today is the biggest move we have seen in several month.
Trade wars or not, US exports are some 7% more expensive now compared to March levels!
The FXI US (China ETF) continues plunging and is now down almost 15% since mid June.
The trend since February 2016 is somewhat lower but catching a falling knife seems premature.
Note the ugly crossing of the 100 day average through the 200 day average right here.