Simon Flint
Simon Flint
diminish effects environment fed importance improving interest lower markets people positive price rates relative start stock
The improving stock-market environment as people start to price in the end of Fed tightening has positive effects on Asia. Lower interest rates are positive for stock markets and they diminish the importance of relative yields.
accepting appreciation dollar good numbers succession taiwan
Taiwan is going to be more accepting of some appreciation in the Taiwan dollar because we've had a succession of pretty good numbers in the economy.
arguably china conditions general happy interest local monetary rates receptive therefore yuan
If China is happy to see local interest rates rise, then it's happy to see some tightening monetary conditions in general and therefore could arguably be more receptive of yuan reform.
atmosphere break chinese diplomatic dollar interests level likely move per played quicker relationship risk role suits yuan
We're likely to break the 8 yuan per dollar level this month. The diplomatic atmosphere has played a role as it suits Chinese interests to move a little quicker as the U.S.-China relationship is at risk of deterioration.