China
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Currencies
Euro plunges, eyes parity with dollar after Lagarde’s go-it-alone pledge – POLITICO
If by U.S. election time in November the ECB has cut rates three times, and the Fed hasn’t at all,…
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US Dollar gets costlier to borrow in China in new sign of Yuan woes
The premium to borrow dollars in China’s local markets has jumped over the past month, another example of the resurgent…
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Brokers
Top Chinese banker steps down after ‘broker butcher’ brother becomes chief market regulator
The president of China International Capital Corp. has relinquished his post two months after his brother was named as the…
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Australian Economy
Exclusive | Chinese Premier Li Qiang set to visit Australia in June, live lobster import ban expected to be lifted
The major topics of the visit, however, remain unknown. “The Australian government has consistently advocated – including during the recent…
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Trading
World’s FX Traders Are as Much at Mercy of Yuan as the Dollar
(Bloomberg) — China watchers calling for Beijing to loosen its grip on the besieged yuan need to be mindful of…
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