<p>BofA says that it sure looks like markets are starting to sit up as the gap between the optimistic scenario priced in by equities and the much uglier economic situation indicated by bonds is
So much for yesterday's rate cut talk Earlier this week, the ECB floated in the press a story that market participants were underestimating the chances of a rate cut. Evidently now.
<p>Analysts at JP Morgan remain bearish on the RMB:</p><ul><li>“The fundamental case for additional yuan weakness remains very much intact.” </li><li>“We see the do
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