Macquarie's Wizman Sees Yuan at 6.90 Per Dollar in Short Term

The video discusses the recent strength of the US dollar, attributing it to risk aversion and strong US growth compared to global growth. It examines the Federal Reserve's dovish stance and its potential shift to a more hawkish approach due to rising US wages and inflation. The video also analyzes bond yields, highlighting the divergence between US and global growth. Inflation expectations are explored, noting a decrease due to falling oil prices but predicting a rise later in the year. Finally, the video covers the yuan's valuation and potential Chinese economic measures to stimulate growth.

What is one of the main reasons for the recent strength of the US dollar?

• Increased global growth

• Risk aversion and US economic growth

• Decreasing US wages

• A hawkish Federal Reserve

What is expected to happen to US bond yields in the near future?

• They will remain steady

• They will fluctuate wildly

• They will fall sharply

• They will rise significantly

What is a key factor that has influenced the collapse of break-even inflation rates?

• Decreasing US wages

• Increased global demand

• Falling oil prices

• Rising oil prices

What is the short-term target for the dollar against the yuan?

• 6.50

• 6.60

• 6.90

• 7.00

What measures might the PBOC take to stimulate the Chinese economy?

• Strengthen the yuan

• Reduce fiscal stimulus

• Cut interest rates and promote lending

• Increase interest rates