January 2016

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January 2016

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#27

01-08-2016, 05:23 AM

Here is the thing. Tomorrow it's non-farm payrolls day. Two possibilities:

They are strong, which makes further US interest rate rate rises more likely, putting additional pressure on dollar/yuan
They are weak, which highlights the theme that the world economy is rolling over.

Neither is likely to be good for the markets. And in the meantime, we have to see what the Chinese markets, and especially the yuan is doing..

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