China Surprises, While The Dollar Begins Week Softer


Abstract creative financial graph interface and world map on flag of China and blurry cityscape background, forex and investment concept. Multiexposure

Igor Kutyaev

Overview

The new week, which features the BRICS meeting and the Jackson Hole symposium, is off to a quiet start. The failure of Chinese banks to pass through last week’s 15 bp cut fully into the lending prime rates was



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