Chinese debt-to-equity swap program
China’s central bank recently cut the required reserve ratio (RRR), with a significant portion of the
Insights
Insights
Volatile Yuan Puts Spotlight on China’s Capital-Control Buffers
The sharpest decline in China’s currency since policy makers devalued the yuan in 2015 has
A busy and difficult agenda on EU summit to yield modest progress on governance reform
We do not expect a significant breakthrough on EU and Euro area governance reform at
Trump Decides Against Harshest Measures on China Investments
President Donald Trump instead embraced legislation under consideration in Congress to strengthen the Committee on Foreign Investment
The macro in GBP markets
We assess the macro drivers of the UK outlook – in terms of aggregate demand, both
view on OPEC’s desicision
Saturday’s OPEC+ press conference provided more clarity on the decision to increase production, with guidance
PBOC cuts RRR by 50bp to support debt-to-equity swap and small enterprises
PBOC on Sunday early evening announced a 50bp RRR cut, to take effect on July
The fiscal plans in Europe
EU member states submit their medium-term budget plans to the EU Commission in May. These
Trade Tensions Are Likely to Rise Further
Trade tensions have risen over the last several days, as the US has begun to
View on weak China infrastructure data about metal demand
China infrastructure fixed asset investment (FAI) showed a sharp deceleration in May. Given the ongoing