EDITOR’s note A New Era For China
Te media like to use strong metaphors and military vocabulary to capture the collective imagination. “Trade war” is very oſten used in the
headlines nowadays,
sometimes clouding more important macroeconomic developments, which savvy investors shouldn’t ignore.
China’s Grand Strategy
During the 19th Chinese Communist
Congress, President Xi Jinping claimed that China was entering
Party a
“new era”. Te country has transformed its newfound riches into strength; it is forging full steam ahead with ambitious mega- projects, and on its way to becoming a leading global power in the next 30 years. Tis month, Chinese authorities will open the world’s longest cross-sea bridge, which is one of the multi-billion dollar projects of China’s Grand Strategy. It is part of the largest infrastructure project initiated by one nation in the history of the world and is designed to enable China to become the dominant economic power in the world.
In this issue, Ellen Brown explains how
the country is funding these mega- projects through an innovative form of quantitative easing. Te purpose of China’s “qualitative easing” is to provide affordable financing to select sectors in order to boost lending to government-favoured projects. She
compares China’s strategy
with Trump’s own infrastructure initiative finally unveiled.
three or four times this year, the article highlights the risk that concerns over a policy error and economic slowdown might gather later in the year.
Higher interest rates could have a stronger impact on global financial markets than investors seem to anticipate. Te article “Te End of the Dollar Standard” gives light over a potential coming together of macro-factors that really could change the financial world as we know it. Stewart Richardson raises the question whether the Dollar Standard will remain in the years ahead, and considers what would the new system look like, and what would happen to the global economy and markets.
The Health of the US Economy
Scratching below the surface of the US positive fundamental data is also essential, because the next couple of quarters are critical for the US economy. In the article “Is the US economy performing as well as it seems?” the author looks at specific indicators to investigate the current state of the US economy. As the Fed intends to continue raising interest rates probably
From a technical viewpoint, our experts align to predict the consolidation of the US Dollar over the next quarter. We also analyse major currency pairs and Bitcoin trends through the lens of the Ichimoku Kinko Hyo indicator to give traders insights about future developments, and levels to watch over the coming months.
Emmanuelle Festa Bianchet FX TRADER MAGAZINE April - June 2018 9
FX
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56
