China’s changes to the way it calculates the yuan’s daily reference rate is starting to take a positive effect on the market. How can corporates who do business with China benefit from this?
This is a massive week for capital markets.
There are four central banks, including the Bank of England (BoE), Bank of Japan (BoJ), Reserve Bank of Australia (RBA) and the Federal Open Market Committee (FOMC) who will be keeping the various asset classes on their toes with their monetary policy announcements. None are anticipated to alter their current policies, but their noted intentions will have a lasting impact on asset prices. Perhaps, it’s a good time for the Fed to signpost a December rate hike?