It’s not what you said, it’s how you said it…from China to CGOs

Takeaways: Last week’s engineered fall in the Renminbi was actually pretty modest, certainly in the context of the currency’s recent appreciation. More significant is what the move signalled – or more pertinently the market interpretation of those signals in the context of the un-virtuous circle of weak Chinese demand,  falling commodities prices, a stronger dollar … More It’s not what you said, it’s how you said it…from China to CGOs

Don’t blame it on the buybacks…

Takeaways: A major commodity index dipped to its lowest since the financial crisis level on Monday. The reasons are self-evident, with major commodity price deflators – strong dollar, uncertain Chinese demand and oversupply – continuing to plague markets. The fall obviously has broad consequences and this week we’re focusing on the impact on capital investment … More Don’t blame it on the buybacks…