UBS Wealth Management: CNY outperformance not to last

11 May 2018 | 1 minute read

UBS believes that CNY trade-weighted gains year-to-date should reverse in the next 6-12 months due to the effect of renewed USD weakness on CNY’s trade-weighted returns, adding that it is worth considering hedges against EUR, GBP, AUD and SGD in the coming months. Elsewhere in Chinese markets, the outlook is positive with equities holding the best story, according to the…

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