Text size

PBoC expected to keep things loose, says UBS

Uncertainties from the stock market selloff and weakening growth in July will likely lead Chinese policymakers to maintain fiscal loosening, says UBS. Consequently, it is revising upwards its 12-month USDCNY forecast to 6.60, while amending downwards its MSCI China earnings growth forecast to a high single-digit range. After last Tuesday’s surprise move to devalue the yuan against the greenback by 1.9%…

To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].

Have a confidential tip? Get in touch [email protected]