In February, RMB deposits declined by 80.6 billion. Foreign currency deposits increased by $18.7 billion, or roughly 115 billion yuan. The charts below are from January data, when FX deposit growth outpaced FX loan growth. Notice the ratio's relationship to the USD/RMB cross.
Scenario Analysis For Friday’s Trading Session
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The S&P is currently in a range between 4950 and 5250. After blowout
earnings from Google (GOOG/GOOGL) and excellent earnings from Microsoft
(MSFT) Thursda...
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