Olivar & Greb Capital Management
  • About Us
  • Our Services
    • Investment Management >
      • Retirement Planning
      • Executive Compensation Management
      • Education Planning
      • Trust & Estate Planning
    • U.S. Tax Services
    • American Expat Services
  • CLIENT PORTALS
    • SCHWAB LOGIN
    • INTERACTIVE BROKERS LOGIN
  • Contact Us
  • Community
    • Volunteer & Non Profit
    • The Value Investor's Library

O&G Research and Thinkpieces

The RMB Tumbles again

7/5/2018

 
Picture
The nearly uninterrupted move since April saw the Yuan weaken 7.5%, from 6.25 to a low of 6.72. The currency has since retraced to 6.63 at the time of writing, however the past month remains the biggest one-month move in recent years. This devaluation comes during trade war talks and puts pressure on the US, as Chinese products become significantly more expensive.

Amid currency fluctuations, Chinese stocks have declined nearly 20% since the start of the year, a concerning development for global markets. For resource-based economies like South America, they need strong Asian demand to keep commodity prices up. They will face a serious ripple effect if China slows down sharply. Moving forward, expect continued volatility in these markets until trade tensions dissipate. ​​​​

Comments are closed.

    About the O&G Research Team

    The O&G Research Team publishes insights on the global markets. Our research scope ranges from the US to China.

    Categories

    All
    Events
    Market Updates
    News
    Think Pieces

    Follow us on WeChat:
    Picture
     

    RSS Feed

    Read new articles and updates everyday on your phone! 

    Disclosures 

    We may invest in some of the companies mentioned on this website. We are not responsible for the content on any external links on this website. The opinions expressed in this report do not constitute a buy or sell recommendation.
Olivar & Greb Capital Management, LLC
US Registered Advisory CRD#: 285905
​
Framingham, Massachusetts, 01701, United States of America
​
Check the background of this investment professional on FINRA BrokerCheck
Disclosures | Business Continuity Plan | Privacy Policy | Table of Fees for Services | Copyright 2023
  • About Us
  • Our Services
    • Investment Management >
      • Retirement Planning
      • Executive Compensation Management
      • Education Planning
      • Trust & Estate Planning
    • U.S. Tax Services
    • American Expat Services
  • CLIENT PORTALS
    • SCHWAB LOGIN
    • INTERACTIVE BROKERS LOGIN
  • Contact Us
  • Community
    • Volunteer & Non Profit
    • The Value Investor's Library