Friday , May 3 2024
Home / Mike Norman Economics / China saves face

China saves face

Summary:
Trump goads China into supporting their currency exchange rate so they save face and they don't look "weak!"#4Dchess PBOC's Chen: US labeling China as a currency manipulator is wrong https://t.co/QaxuE3at65 — ForexLive (@ForexLive) August 6, 2019 PBOC reportedly tells foreign firms that yuan won't keep falling https://t.co/7JQk0NIQ5L — ForexLive (@ForexLive) August 6, 2019

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

NewDealdemocrat writes The snooze-a-than in jobless claims continues; what I am looking for in tomorrow’s jobs report

Bill Haskell writes Monthly payments could get thousands of homeless people off the streets

Angry Bear writes A Doctor at Cigna Said Her Bosses Pressured Her to Review Patients’ Cases Too Quickly

Steve Roth writes How Did Under-40s Get So Much Richer During Covid?


Trump goads China into supporting their currency exchange rate so they save face and they don't look "weak!"

#4Dchess


China saves face

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *