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Wrong again... Aren't you tired of always being wrong ?

So, you now have these three-month intervals where you have to decide to increase the subsidy you are giving your local banks (the “contingent liabilities” are the basis for you to provide the subsidy of forward cover, the daily ammunition to keep CNY and the midpoint stable) or you have to back...

Beyond just the daily band, to peg CNY around the midpoint and to keep that midpoint nearly the same every day requires constant vigilance and direct activity. You might amass a war chest of off-balance sheet funds using “contingent liabilities” staggered out at three-month intervals. In other...

https://www.alhambrapartners.com/2019/01/23/china-brazil-nightmare-swaps-and-more-about-december-and-what-it-may-mean/ Jeff is on absolute fire in this one, he predicted this since last year, it was fairly easy to see it unfolding, but he's on the money... Insane Monetary Analyst. The 6.96 band...

Die on your feet or live on your knees... https://www.wsj.com/articles/prepared-to-die-hong-kong-protesters-embrace-hard-core-tactics-challenge-beijing-11565038264?mod=rsswn This summer, the civil servant, who is in her 20s, has zip tied metal barriers together to block roads and dug bricks...

2015 was likely to take some pressure off from defending non stop, they moved band... This one was tapping out, moved to 6.92 cause they are bust it seems and having hard time refinancing Eurodollars, they lost control... They had to sell Yuan bonds in HK to prop up Yuan ON. In May they were...

https://www.scmp.com/news/world/united-states-canada/article/2187820/hsbc-investigation-led-charges-against-huawei-cfo Rumour is HSBC CEO firing was cause HSBC got Meng arrested... Bass claims big news coming, not looking good for HSBC, 4000 job cuts and max leverage

https://www.rubio.senate.gov/public/index.cfm?p=Press-Releases&id=2923998C-6A3E-46DE-B31A-A25D85389CFF First step to get Hong Kong treated as china as far as trade goes for the US, if T goes along with this, it's over... Adding pressure china won't bend to, there is no way a communist regime...

LOL Mr T been listening to 2pac lately

Indeed... https://www.bloomberg.com/news/articles/2019-08-06/hong-kong-s-stock-rout-enters-10th-day-worst-streak-since-1984 Technology firms and developers were among the biggest decliners on the Hang Seng Index. Hang Lung Properties Ltd. fell 5.5% and AAC Technologies Holdings Inc. dropped...

LOOOOOL He's fried out of his brain

https://www.japantimes.co.jp/news/2019/08/04/asia-pacific/u-s-looks-deploy-new-missiles-asia-defense-chief-says-amid-tensions-china/#.XUjcE3sTE2w https://www.themoscowtimes.com/2019/08/05/russia-says-it-would-respond-to-us-missile-deployments-in-asia-a66712...

It's based off Market hours... They monitor 24/7, PBOC very active atm, defended back Yuan to 7.09, HK dollar well defended atm. Central Banks are very active right now vs the Bears, BoJ pumping Nikkei, ASX up a bit since low

Yea PPT is in town... But it's losing, look at USDJPY and Treasuries they are behaving exactly in sync with massive money injections, but Oil and Futures keep rocking back n forth at a violent pace, this is insane! There is so much selling the Fed is having trouble getting it up

PPT just got activated... A Whale is mass buying Oil Futures and US Futures

HSI getting monkey hammered... Asia getting drilled again, ASX 200 down 2.34 %

He's a very frustrated chinese dude... Don't bother, won't change a thing

Technically they aren't manipulating... They just chose to stop defending it, they lowered band to 6.92, it seems they just don't have any ammunition left to defend. Jeffrey Snider is one of best Monetary Analysts in the world, he explains this very well, although what's been known for a while...

Holy Potatoes!

I don't know... Gold is being bid a lot, so it's doing great