Pridať nové hodnotenie

SHANGHAI, Dec 6 (Reuters) - The yuan was little changed on Friday <br> <br> against the dollar, but is headed for its tenth straight weekly loss amid concerns that new <br> <br> tariff threatened by President-elect Donald Trump will heighten strains on the struggling Chinese economy.<br> <br> <br> <br> Analysts expect the dollar to remain firm as Trump's policies are expected to drive up <br> <br> U.S. inflation, but they believe Beijing will prevent the yuan from falling too much.<br> <br> <br> <br> "We anticipate some depreciation pressure in an expected strong dollar environment," Lynn Song, Greater China chief economist at ING, said <br> <br> in a note.<br> <br> <br> <br> However, "we don't expect an intentional large-scale depreciation and think the yuan will remain a low-volatility currency vis-à-vis most other Asian currencies." The yuan was changing <br> <br> hands at 7.2549 per dollar around midday, little moved from the previous close.<br> <br> <br> <br> Although the currency has rebounded from a one-year low of 7.2996 hit on Tuesday, it is poised to register its longest weekly losing streak since <br> <br> 2018. The dollar index fell to one-week low overnight and "the USD's consolidation should unwind the upside pressure building" in the <br> <br> yuan, aided by ongoing attempts by China's central bank to restrain its <br> <br> decline, said Alvin Tan, strategist at RBC Capital Markets.<br> <br> <br> <br> <br> <br> Recent data has painted a mixed picture of China's economic recovery, with manufacturing activities improving, but property sales in many Chinese <br> <br> cities remaining weak. China's "economic landscape is unarguably dull, and the absence of excitement is perhaps the most salient feature," said John Browning, managing director of BANDS Financial.<br> <br> <br> <br> He doesn't expect huge stimulus to be announced during next <br> <br> week's Central Economic Work Conference, as "Beijing's largesse will be reserved until after Trump is restored to the White House and the trade war formally begins." Top policymakers will gather <br> <br> at the conference to agree on major economic goals for next year.<br> <br> <br> <br> <br> <br> But the target for 2025 growth, one of the most closely-watched indicators globally for clues of <br> <br> Beijing's near-term policy intentions, likely will not be officially announced until an annual parliament <br> <br> meeting in March. During Trump's first term as president, the yuan weakened about <br> <br> 5% against the dollar after the initial round of U.S.<br> <br> <br> <br> <br> <br> tariffs on Chinese goods in 2018, and fell another 1.5% a year later when trade tensions escalated.<br> <br> <br> <br> Growth worries and expectations of further monetary easing by <br> <br> Beijing pushed China's 10-year treasury yields below <br> <br> 2% to record lows this week, worsening the yield disadvantage against <br> <br> the U.S., and exerting downward pressure on the yuan. ING's Song expects the onshore <br> <br> yuan to move within a band between 7.00-7.40 per dollar, but could fall further to 7.50 "if tariffs come in earlier or more aggressive than our forecasts." LEVELS AT <br> <br> 03:47 GMT GMT INSTRUME CURRENT UP/DOWN( % CHANGE DAY'S DAY'S LOW NT vs <br> <br> USD -) VS.<br> <br> <br> <br> YR-TO-DATE HIGH PREVIOUS CLOSE % Spot 7.255 0.09 <br> <br> -2.11 7.2518 7.2675 yuan &lt;CNY=CFX S Offshore 7.2615 0.03 -1.87 <br> <br> 7.2574 7.2733 yuan spot (Reporting by Shanghai newsroom; Editing by Kim Coghill)<br> <br> <br> <br> Look at my site ดอกไม้จัดงานศพ ( https://www.Diekassa.at - <br> <br> https://www.Diekassa.at/kassenwiki/index.php?title=This_Might_Occur_To_You..._%E0%B9%80%E0%B8%A2%E0%B8%AD%E0%B8%9A%E0%B8%B5%E0%B8%A3%E0%B9%88%E0%B8%B2_%E0%B8%84%E0%B8%A7%E0%B8%B2%E0%B8%A1%E0%B8%AB%E0%B8%A1%E0%B8%B2%E0%B8%A2_Errors_To_Keep_Away_From )