Yuan Seen at 6.80 Per Dollar by Year End: HSBC's Chew

The video discusses the rise of Dollar RMB due to disappointing China growth data and explores factors like US-China yield differentials and capital outflows affecting the currency. It forecasts RMB's future, considering policy support and potential stimulus, and highlights the importance of domestic and external economic factors.

What was one of the main reasons for the rise of Dollar RMB in May?

• Increase in US interest rates

• Decrease in global oil prices

• Disappointment over China growth data

• Strong US economic data

Which factor is NOT mentioned as influencing the Dollar RMB trend?

• US-China yield differential

• China's easing expectations

• Capital outflows

• Global oil prices

What is one potential factor that could support the renminbi in the near term?

• Decrease in global trade

• Rising inflation in China

• Policy support in fixings

• Increase in US interest rates

What is the term used to describe the fixings when the dollar is strong?

• Inverse beta

• Asymmetric beta

• Symmetric beta

• Parallel beta

What type of support is expected in the third quarter to influence the RMB?

• Reduction in foreign investments

• Increased tariffs

• Liquidity and fiscal support

• Monetary tightening