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Market Trends

Market Trends

Information and commentary from Hong Kong on the current market and future prospects regarding wildly fluctuating RMB exchange rates, interest rates and stocks.

Offshore RMB Market Report

Comments on offshore RMB exchange rates, interest rates and stocks from the Hong Kong Treasury Division.

Jun 19, 2018 Offshore RMB Market Report[RMB sentiment soured as China data weakened across the board](PDF/398KB)

Jun 11, 2018 Offshore RMB Market Report[CNH stabilized from softer USD and improving sentiment](PDF/388KB)

Jun 5, 2018 Offshore RMB Market Report[Risk–off sentiment from Eurozone woe weighed on the CNH](PDF/390KB)

May 28, 2018 Offshore RMB Market Report[China and US averted trade war but tension is set to linger](PDF/333KB)

May 21, 2018 Offshore RMB Market Report[China–US trade tensions to take a backseat, CNH supportive](PDF/413KB)

May 14, 2018 Offshore RMB Market Report[CNH rebounded as USD consolidated](PDF/399KB)

May 7, 2018 Offshore RMB Market Report[The suspected return of RMB weakening bias weighed on CNH](PDF/398KB)

Apr 30, 2018 Offshore RMB Market Report[Strong USD rebound left the CNH under pressure](PDF/387KB)

Apr 23, 2018 Offshore RMB Market Report[CNH ranged bounded as Q1 GDP stabilized at 6.8%YoY](PDF/336KB)

Apr 16, 2018 Offshore RMB Market Report[CNH rebounded as market took relief on trade war risk](PDF/401KB)

Apr 9, 2018 Offshore RMB Market Report[CNH fell back to near 6.31 amid escalating China–US trade tensions](PDF/338KB)

Apr 3, 2018 Offshore RMB Market Report[CNH pulled back after hitting 6.23 level](PDF/382KB)

Mar 26, 2018 Offshore RMB Market Report[Trade war concern dominated the CNH market](PDF/388KB)

Mar 19, 2018 Offshore RMB Market Report[CNH was largely muted with political headlines from NPC](PDF/385KB)

Mar 12, 2018 Offshore RMB Market Report[CNH ranged bounded as the NPC began](PDF/323KB)

Mar 5, 2018 Offshore RMB Market Report[CNH weakened on USD rebound and China–US trade tension](PDF/399KB)

Feb 26, 2018 Offshore RMB Market Report[CNH ranged bounded during the Chinese New Year lull](PDF/325KB)

Feb 12, 2018 Offshore RMB Market Report[CNH suddenly collapsed to 6.37 from 6.25 within two days](PDF/399KB)

Feb 5, 2018 Offshore RMB Market Report[CNH extend its rally to near 6.28](PDF/327KB)

Jan 29, 2018 Offshore RMB Market Report[CNH rallied to below 6.3 for the first time since the CNY fixing reform](PDF/342KB)

Jan 22, 2018 Offshore RMB Market Report[CNH broke below 6.4 level for the first time in 2015](PDF/388KB)

Jan 15, 2018 Offshore RMB Market Report[CNH came under pressure briefly as PBoC signaled to curb RMB appreciation](PDF/413KB)

Jan 8, 2018 Offshore RMB Market Report[CNH extended its year–end rally on lingering USD sell–off](PDF/323KB)