UBS Equities-Global Strategy _Is CNH’s breakout just getting started_ Ar...-108938902

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📄 文件全名: 《UBS Equities-Global Strategy _Is CNH’s breakout just getting started_ Ar...-108938902.pdf》
🎯 适合读者: 战略规划行业研究员
📊 核心数据: vs. most G20 currencies (10% vs yen) and TWI’s 3% appreciation. Having been short
psychologically important level of 22 (10% YTD). At the same time, the RMB CFETS basket occasionally traded through the 100
figure mark in Q2. With Yen making up for about 9% weight in PBoC’s CFETS basket, exchange rate competitiveness preservation
a) RMB lost ~6.5% due to the '18/19 tariffs (a % TWI depreciation for every 3ppt surge in tariffs). Note: Expectations for tariffs'
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报告摘要

Global Research and Evidence Lab Is CNH’s breakout just getting started? CNY fixings’ ongoing grind since Q1 recently stepped up its pace, as CNHJPY surged to a

📋 核心要点(部分)

1 July 2024

❓ 常见问题

《UBS Equities-Global Strategy _Is CNH’s breakout just getting started_ Ar...-108938902》主要包含哪些内容?

Global Research and Evidence Lab Is CNH’s breakout just getting started? CNY fixings’ ongoing grind since Q1 recently stepped up its pace, as CNHJPY surged to a核心数据:vs. most G20 currencies (10% vs yen) and TWI’s 3% appreciation. Having been short;psychologically important level of 22 (10% YTD). At the same time, the RMB CFETS basket occasionally traded through the 100;figure mark in Q2. With Yen making up for about 9% weight in PBoC’s CFETS basket, exchange rate competitiveness preservation。

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