Seeing Tentative Signs of Stabilization in China, Says NAB’s Attrill

The video discusses the early signs of stabilization in the Chinese economy, driven by policy easing measures and improvements in PMI numbers. It highlights the expectations for a US-China trade deal and its potential economic implications. The discussion also covers currency stability, with forecasts for the CNY against the USD, suggesting modest strength if a trade deal is reached.

What are the initial signs of stabilization in the Chinese economy mentioned in the video?

• Decrease in foreign investments

• Policy easing measures and improvements in manufacturing

• Rise in inflation rates

• Increase in unemployment rates

What is the market's outlook on the US-China trade deal?

• Expecting a complete breakdown in talks

• Optimistic about a comprehensive deal

• Indifferent to the trade negotiations

• Pessimistic about any resolution

What economic measures are expected if the trade deal expectations are not met?

• Reduction in fiscal stimulus

• Increase in taxes

• Increase in interest rates

• Further credit easing measures

How has the Chinese currency been performing against the US dollar?

• It has been weakening rapidly

• It has been stable around the 671 level

• It has been fluctuating wildly

• It has been strengthening significantly

What is the forecast for the Chinese currency by the end of the second quarter?

• It will strengthen to the high 60s

• It will remain stable at the current level

• It will fall to the low 60s

• It will rise to the high 70s