CHINESE YUAN / U.S. DOLLAR

CNY will be weakened and China Stock will have a short rebounce

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China lever: controlling the yield spread between yuan and US dollar.
In the last 10 years, everytime China central banks (1) holds down the yield spread rate, (2) holds the yield spread underwater 1.25%, then that would be a strong indication of the near future the CNY will be weakened.
Currency:
In this chart we predict the CNY will goes devaluate in the next year.

Stock:
When that happens, stock price will be appreciated and exports could be partially benefited from that.
Stock recommendation: Leveraged China stocks: eg: YINN (a US listed ETF).

Aviso legal

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