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11 Jan 2017

Yuan’s next move may depend on Trump’s news conference - CNBC

CNBC carries an article on Wednesday, suggesting that the upcoming Trump’s first news conference post-US elections win will determine the next direction for the Chinese Yuan.

The US president-elect Trump has always been on a war-front with China, labeling   the country a currency manipulator for the purposes of a competitive trade advantage and threatening to impose a tariff of as much as 45% on China's exports to the US.

Following a Trump win, the yuan hit more-than eight year lows per dollar, touching the worst levels since global financial crisis.

Jan 11, 2017

WTI Oil - Two-day sell-off stalls in Asia

The two-day sell-off in WTI oil stalled in Asia, although bears remain in the hunt as markets question OPEC cuts. API reports rise in inventory The
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Jan 11, 2017

Rumors in Asia of China drastic capital flight measures ahead of Chinese New Year

Livesquawk reports latest rumors doing the rounds in markets, citing that there seems to be drastic capital flight measures implemented by China ahead
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