Erste Asset Management - Blog

Artikel zu Schlagwort: renminbi
http://blog.en.erste-am.com/wp-content/uploads/sites/13/2015/08/iStock_000059963534_XXXLarge-890x390.jpg
Gabriela Tinti am 07th July 2017

China makes A-shares accessible to the global market

© iStock.com

China has been increasingly opening up to the global market. Last year the Renminbi was taken into the currency basket of the International Monetary Fund in October 2016. Now, another step towards liberalisation has followed. China has cleared A-shares for international trade via trading platforms.

Read more

http://blog.en.erste-am.com/wp-content/uploads/sites/13/2015/08/iStock_000038777102_Double-890x390-1440489799.jpg
Gerhard Winzer am 25th August 2015

“Black Monday” at the stock exchanges: Why?

© iStock

Market correction

Equities, bonds affected by default risk, commodities, and emerging markets currencies are currently subject to corrections, which, noticeably, have now gone beyond the purview of emerging markets: while the emerging markets equity index declined by almost 6% (Performance-Data Source: Bloomberg, MSCI) last week, the index for developed markets lost 5.3% (Performance-Data Source: Bloomberg, MSCI). The fear that the economic weakening in the emerging markets might come with significant spill-over effects for the industrialised countries has increased. This prompts the question whether a phase of profound corrections is upon us in the risky asset classes. The question alone has caused the risk aversion of investors to rise. The liquidity is temporarily parked in safe havens such as US Treasury bonds, the euro, and the Japanese yen.

Read more

http://blog.en.erste-am.com/wp-content/uploads/sites/13/2015/08/iStock_000059963534_XXXLarge-890x390.jpg
Gerhard Winzer am 17th August 2015

Devaluation of the Chinese currency

© iStock.com

On 11 August China devalued its currency by 1.9% relative to the US Dollar and announced that in the future it would expose the exchange rate of the Renminbi to the forces of supply and demand on the foreign exchange market. In a press conference the Central Bank did say, however, that it would continue to intervene if the development of the Chinese currency were “volatile”, “irrational”, or “distorted”.

Read more

http://blog.en.erste-am.com/wp-content/uploads/sites/13/2015/04/Hongkong2_MEV76037-890x390-1430224777.jpg
Gerhard Winzer am 23rd April 2015

China – the biggest economy in the world

© ERSTE-SPARINVEST

The new normal

The importance of China for the global economic and financial system continues to grow at a rapid pace. Last year the country set a new milestone by becoming the world’s biggest economy. The total value of goods and services produced in a year exceeds that of the United States. Thus, at 30% China accounts for the largest contribution to global economic growth.

Read more

Subscribe to Blog by E-Mail