golden week

Your Semi-Annual Golden Week Reminder

By |2018-09-25T11:56:06+00:00September 25th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

It’s that time of year. September, the leaves start to turn and the air grows crisp. Autumn smells arrive; the Chinese prepare for their nationalist Golden Week. Ever since 2014 and the dollar’s rise, that is, eurodollar tightening especially in Asia, these holiday bottlenecks are never boring. To be shut down for an entire week [...]

China Exports: Trump Tariffs, Booming Growth, or Tainted Trade?

By |2018-03-09T15:26:29+00:00March 9th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

China’s General Administration of Customs reported that Chinese exports to all other countries were in February 2018 an incredible 44.5% more than they were in February 2017. Such a massive growth rate coming now has served to intensify the economic boom narrative. A strengthening U.S. recovery is helping underpin China’s outlook as Asia’s biggest economy [...]

No China Trade Interpretations

By |2017-02-10T12:50:37+00:00February 10th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The National Bureau of Statistics (NBS) of China does not publish any of the big three data series (Industrial Production, Retail Sales, Fixed Asset Investment) for the month of January. It combines January data with February data because of the large distortions caused by Lunar New Year holidays. Unlike Western holidays that are but a [...]