Offshore #CNY broke 7.2 - A RECORD LOW. PBOC is trying to revive the counter-cyclical factor to slow down the depreciation that is at its fastest in data history.

Whatever it takes to whatever quantity. Why go to B Schools or study economics. Just make it up as you go. The new govt must be happy.

Taking a step back to think about this, it's really quite incredible: The Bank of England has been forced to step in to halt a financial crisis of the government's own making.

⚠️ 🇨🇳 Shanghai lockdowns underway again

Demolishing Russian prestige Russia’s bridge to Crimea severely damaged by explosion on.ft.com/3CHT8AT

It's now mandatory to wear a wetsuit at some swimming pools in France in order to prevent medical emergencies as water temperatures are being lowered due to rising gas prices reut.rs/3V9kasf

Without comment. China’s Unprecedented Delay in GDP Fuels Worries About Growth bloomberg.com/news/articles/…

China should have released trade data last week and GDP this morning, but it didn't. There was no reason for the last minute delays and some asked whether this was China hiding bad data during the Congress. The answer seems more prosaic - Zero Covid bloomberg.com/news/articles/…

Life lessons in there. Surreal indeed.

Alert 🔔 the

Maybe investors do want to own China stocks after all. 2023 promises much!

Fastest tightening in 40 years. Yet Labour market refuses to cool. Higher for longer then.

Australian dollar logs the largest gain since Oct 2011. The rumour has been bought regarding China's reopening... $AUD

Trillion or so added to Chinese equities this week purely on rumors, which were rubbished in today’s meeting.

Hong Kong stocks jump after China trims quarantine period, up more than 7% cnb.cx/3fW10Gs

On hindsight…. FTX CEO SBF Wants to Fix Crypto—And Everything Else | Sequoia Capital web.archive.org/web/2022102718…

China Protests From Beijing to Shanghai Erupt over Deadly Fire, Covid Lockdown. Extraordinary indeed! bloomberg.com/news/articles/…

China reopens, A50 futures surging. Foreign entry after Jan 8: - 48h -tive pre-trip; - no test/quarantine after entry; - no limits on # of Int’l flights; - visa convenience for work, family, study. Land/sea travel to resume. Flight search already up >10x. $FXI $PGJ $KWEB $EWH

Why EM stocks now? Hear from BlackRock ETF, Global Equities and BlackRock Investment Institute Strategists. A 1BLK campaign blackrock.com/institutions/e…

The first man not named Roger Federer, Rafael Nadal, Novak Djokovic or Andy Murray to win the #Wimbledon Gentlemen's Singles since 2002. @CarlosAlcaraz 🆕