Discover and read the best of Twitter Threads about #CNH

Most recents (3)

#HongKong: Pressure on the #USD - #HKD peg is mounting. The rising #US interest rates have put enormous pressure on the HKD peg. This has depleted Hong Kong's excess FX reserves.
#HongKong has FX Reserves of $438bn (March 2019) plus another $6.9bn from the HKMA Exchange Fund which is there to stabilize the #HKD peg. Looking at the HKMA Exchange fund it is clear that money has been leaving HK. Since 2016 the fund has gone from $55bn to $7bn.
#HongKong M2 is currently 1,8 trillion USD. However, the total FX Reserves / M2 are only at 24%.
Read 8 tweets
Good morning ๐ŸŒž Epic manufacturing ๐Ÿ‡บ๐Ÿ‡ธ ISM jobs report๐Ÿ”ฅ๐Ÿ“ˆ

And we all know that jobs are key, esp manu jobs for the low skilled as they need stable full-time employment & purpose.

Obvs when we think of this, 1 country needs it more than most: ๐Ÿ‡ฎ๐Ÿ‡ณ India. Threadโ€™ll follow soon ๐Ÿ˜Ž
US ISM manufacturing basically remained high above 50 (55.3 to be exact for March although lower than early 2018) & that is a big divergence b/n contracting Eurozone manufacturing PMI & China contracting PMI in Q1 (although by only a smudge)

๐Ÿ‘‡๐Ÿป๐Ÿ‘‡๐Ÿป๐Ÿ‘‡๐Ÿป๐Ÿ‘‡๐Ÿป๐Ÿ‘‡๐Ÿป

#USD #DXY #EUR #CNY #CNH
This is wut the ISM manufacturing employment job report look like:

๐Ÿ“ˆ๐Ÿ“ˆ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ

(btw, China & the EU are not employment but headline numbers). Trump will use this for his 2020 pitch ๐Ÿ‘‰๐Ÿปmanu employment bouncing in the ๐Ÿ‡บ๐Ÿ‡ธ (yes, tax cuts helped & tariffs added costs of foreign goods)
Read 6 tweets
๐Ÿ‡จ๐Ÿ‡ฆย ๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ‡จ๐Ÿ‡ณ ๐Ÿ‡ฎ๐Ÿ‡ท #Canada arrests #Huaweiโ€™s global chief financial officer in Vancouver โ€“ The Globe and Mail
theglobeandmail.com/canada/articleโ€ฆ
A gauge of #technology shares on the MSCI #Asia Pacific Index slid as much as 3 percent before paring some losses - Bloomberg
๐Ÿ‡บ๐Ÿ‡ธย #SPX โฌ‡ as much as 1.9% from Tuesdayโ€™s close, before paring some losses. Selling pressure early in the session was so intense that it forced CME Group to intermittently pause trading, according to a spokesperson for the exchange - Bloomberg
*Link: bloom.bg/2BTw5DN
Read 736 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!