CNY, Not Imports

By |2018-02-08T16:25:26-05:00February 8th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

In February 2013, the Chinese Golden Week fell late in the calendar. The year before, 2012, New Year was January 23rd, meaning that the entire Spring festival holiday was taken with the month of January. The following year, China’s New Year was placed on February 10, with the Golden Week taking up the entire middle month of February. For economic [...]