China Unlikely to Revalue Yuan on EU Pressure
EU officials won’t be able to get China to appreciate the yuan against the euro, believes Fraser Howie, MD of CLSA Singapore. He explains why to CNBC’s Amanda Drury & Sri Jegarajah.
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EU officials won’t be able to get China to appreciate the yuan against the euro, believes Fraser Howie, MD of CLSA Singapore. He explains why to CNBC’s Amanda Drury & Sri Jegarajah.
Gold, right now, is not a good buy, says Robert Mundell, professor of economics at Columbia University. He tells CNBC’s Chloe Cho & Rebecca Meehan why he sees the precious metal slipping below $900 an ounce.
The RBA is likely to hikes rates by another 25 bps in early December, says John Kyriakopoulos, head of currency strategy at NAB Global Markets Research. He analyzes the RBA minutes, with Daniel Yergin of IHS Cambridge Energy Research Associates, CNBC’s Martin Soong & Sri Jegarajah. Play video
Euro zone October inflation was confirmed at -0.1% year-on-year Monday, in line with forecasts. “There is not an inflation problem,” Kit Juckes from ECU Group said, adding that we will get a temporary pick up in inflation, which we are advised to look through.
The dollar is not too far off from fair value on a trade-weighted basis, says Thio Chin Loo, senior currency strategist at BNP Paribas. She gives her take on the future of the dollar, with CNBC’s Amanda Drury.