"We haven't really seen any strong signal that the PBOC is trying to stabilize the market," Frances Cheung, head of macro strategy in Asia at Westpac Banking Corp, told CNBC's "Street Signs" on Monday.
Date: Aug 25, 2019
Category: Business
Source: Google
China to Start Bond Connect With Hong Kong This Year, Li Says
That will be a channel mostly for retail investors, on top of the access for most institutional investors, said Frances Cheung, Hong Kong-based head of rates strategy for Asia ex-Japan at Societe Generale SA. Retail flows are likely to be tiny, especially compared with the sheer size of the onsho
Date: Mar 15, 2017
Category: Business
Source: Google
Global investors venture into China bonds after IMF boost
proportion of global reserves held in RMB reaches 4%, similar to those currently held in yen, potential inflows would amount to $210 billion, which is still not significant enough to have a material impact on Chinese Government Bond (CGB) yields or drive the trend of the remminbi, according to Frances Cheung
Date: Dec 06, 2015
Category: Business
Source: Google
Emerging Stocks Poised for Worst Month in 3 Years; Ruble Drops
As long as we are in the waiting game and uncertainty is prolonged, emerging-market currencies will be unable to rally on a sustained basis, Societe Generale SA analysts Jason Daw and Frances Cheung wrote in a report dated Monday.
Date: Aug 31, 2015
Category: Business
Source: Google
Won Leads Third Weekly Decline in Asian Currencies as Yen Drops
There is a contrast regarding monetary policies in theU.S. versus the euro-zone and Japan, said Frances Cheung, theHong Kong-based head of Asian rates strategy at Credit AgricoleCIB. A stronger dollar and a weaker yen are apparently not anideal combination for Asian currencies.
Date: Nov 13, 2014
Category: Business
Source: Google
Yuan Forwards Jump by Most in Two Years as Trade Surplus Swells
The strong fixing of the yuan is boosting sentiment,said Frances Cheung, a Hong Kong-based strategist at CreditAgricole CIB. In addition, the weekend numbers seem to suggestthat the economy is bottoming out. The trade surplus points tocontinued inflows.
Date: Jun 09, 2014
Category: Business
Source: Google
Thai Baht Plunge Is No Bear Market Sign to Coup-Savvy Investors
The Thai currency may weaken 1.4 percent to 33 per dollarin the next couple of sessions, according to Frances Cheung,head of Asian rates strategy at Credit Agricole in Hong Kong.Mizuho Banks senior economist Vishnu Varathan said the baht maydrop to 33.5 per dollar. One-month implied volatilit
Date: May 22, 2014
Category: World
Source: Google
China Swaps Poised for Record Weekly Drop as Cash Crunch Eases
The swap and interbank markets are stabilizing for now,said Frances Cheung, a Credit Agricole CIB strategist in HongKong. Still, swaps should settle at levels higher than pre-crunch ones. Investors mindsets have changed, and they are nottaking an ample-liquidity situation for granted.