27 Sep 2016
China back on investor's minds - Scotiabank
Analysts at Scotiabank explained that China will gradually return to global investors’ radar screens as the IMF prepares to welcome the RMB in the SDR mechanism.
Key Quotes:
"We still expect a gradual depreciation of the RMB to be guided by decisive (sometimes unconventional) official intervention schemes. The JPY will likely recover a gradual weakening tone as global capital flows jump into the strengthening USD wagon."