Online Forex broker
China's policymakers are about to actively attract foreign investment to the country's $3 trillion bond market, reportedly to help to shore up the struggling national currency. However, the currency appears to be a key barrier to the success of their ambitious plan.
Currently, foreigners own less than 2% of the Asian country’s $3.3 trillion in outstanding bonds and ascertain that getting their cash out of China as well as recent weakness of the closely monitored currency turned to be are obstacles to investment.
For the last two years Chinese bonds have demonstrated the highest yields in two years. Moreover, on the basis of 10-year sovereign debt, it appears to be the biggest interest rate gap with equivalent American Treasuries for eight months. It undoubtedly highlights the dilemma of a market, appealing on the one hand, but considered to carry too many risks on the other hand.
Today the British PM Theresa May plans to discuss the current conditions of the Brexit deal with the European leaders. Is it happening again? What else will move the world of Forex today? Read the news!
In 2019, China's massive property market is anticipated to speed down further, with smaller price leaps as well as diving home sales contributing to pressure on the world's number two economy, according to a Reuters survey…
In the third quarter, the Japanese economy shrank the most for more than four years due to the fact that Japanese companies reduced spending, thus threatening to affect the investment outlook next year because the export-reliant Asian country grapples…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
