I am in china and many frind of mine agree that the cny gold trade is a good trade. And Short Cny is also a good trade because of the carry. As you may know, many banks provide the trade about using dollar and the ccs to buy onshore ncd which the investor could get 15-20 bps pickup.
“A man who procrastinates in his choosing will inevitably have his choice made for him by circumstance.” - H.S. Thompson
wise
I am in china and many frind of mine agree that the cny gold trade is a good trade. And Short Cny is also a good trade because of the carry. As you may know, many banks provide the trade about using dollar and the ccs to buy onshore ncd which the investor could get 15-20 bps pickup.