Major investment banks and research firms project offshore yuan to weaken to an average 7.51 per dollar through the end of 2025, the weakest level on record.
Related Posts
Stock futures are little changed after S&P 500 posts third-straight winning week: Live updates
The S&P 500 and Nasdaq Composite closed at fresh highs Friday, ahead of key inflation data this week.
The U.S. will ‘absolutely’ have a recession in 2025 if high tariffs stay, Apollo’s Slok says
The economist expects the odds of an economic downturn are 90% and says GDP will fall 4 percentage points if current tariffs remain in effect.
The battered bond market starts 2025 facing some difficult issues about debt
Investors face multiple challenges in the year ahead, including one under-the-radar worry about short term notes coming due.