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WisdomTree Chinese Yuan ETF

5/22/2013, 8:24 AM ET

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Tuesday, June 22, 2010, 8:45 AM The lack of predictability on the yuan could actually be a good thing, deterring short-term investors from placing one-way bets on a renminbi appreciation and curbing overly large fund flows into China. 1 Comment
Tuesday, June 22, 2010, 7:29 AM The yuan's decline against the dollar today is a dose of reality for those who thought the yuan's new flexibility would be unidirectional. Still, the PBOC raised the daily reference rate, suggesting some more gentle appreciation is in store this week. Comment!
Monday, June 21, 2010, 7:54 AM Asia's buoyancy today was largely on speculation that a more flexible yuan will help boost China's growth, but it remains to be seen just how far China will take its flexibility pledge; the yuan rose the most in five years today, but the 0.45% increase was from the same reference rate as Friday's. 4 Comments
Sunday, June 20, 2010, 3:15 PM For all the pressure the U.S. put on China to loosen its currency peg, China's plans for increased flexibility may disappoint Washington, suggests Nouriel Roubini, if the yuan ends up weakening against the dollar rather than strengthening. 13 Comments
Saturday, June 19, 2010, 4:25 PM Russia and China disclose they've held talks on turning the yuan into a convertible reserve currency. The Indian rupee and Russia's ruble are other possibilities for new Russian reserve currencies. (previously) 8 Comments
Saturday, June 19, 2010, 3:14 PM Bucking recently lowered expectations, China puts out a statement ahead of the G-20 summit saying it will "increase the renminbi’s exchange-rate flexibility" following an improvement in the economy. China didn't set a timeline for the change, and ruled out a one-off revaluation, saying there is no basis for “large-scale appreciation." 2 Comments
Friday, April 16, 2010, 12:45 PM China is on course toward a "managed floating exchange rate system," says President Hu Jintao, but "acting on our own initiative in a controlled and gradual manner." Amid a lot of speculation about the renminbi, the stance "doesn't sound like this is anything we don't already know," says a Brown Brothers Harriman strategist. (ETF: CYB) 2 Comments
Friday, April 9, 2010, 4:52 PM WisdomTree's renminbi ETF, the Dreyfus China Yuan Fund (CYB), wrapped its best weekly gain since last May (+0.6%) on speculation about whether, when and how China would end a 21-month-old yuan peg to the dollar. Comment!
Friday, April 9, 2010, 7:52 AM China might increase interest rates as early as this month, but will probably not allow the yuan to rise until the June-Oct. period, senior government economist Zhu Baoliang said this morning. He added that another one-off revaluation was unlikely, but said the yuan peg could be shifted to a basket of currencies. (yuan ETF: CYB) 1 Comment
Thursday, April 8, 2010, 7:40 PM More from Chanos on China: One of the most "obvious, obvious trades" - a rising renminbi - could go the other direction (video, 1:35) as part of nationalizing bad real estate debts. (ETFs: CNY, CYB; earlier) 1 Comment
Thursday, March 25, 2010, 10:52 AM The House has figured out something that the Senate hasn't, Ryan Avent says, in trying to work through international channels to deal with China and the renminbi: Trying to back China into a corner with tariffs will lead only to more retaliation. (ETFs: CNY, CYB) 1 Comment
Wednesday, March 10, 2010, 8:28 AM China's exports jumped 45.7% in February Y/Y, and imports were up 44.7%. The timing of the Lunar New Year holiday impacted the better-than-expected numbers, but they still point to growing momentum in China and add to the case for an appreciation of the yuan. (ETFs: FXI, CYB) 5 Comments
Saturday, February 27, 2010, 8:21 AM Raises of 20% for factory workers. Glum recruiters crowding streets holding posters, competing for workers. And telemarketing firms turning away business because they're booked solid cold-calling people with job offers. Welcome to China's new labor shortage, where rising wages could spur inflation and erode export advantages. (ETF: CYB) Comment!
Friday, February 26, 2010, 8:15 AM China is reportedly "stress-testing" a possible appreciation of the yuan in labor-intensive export sectors. The tests don't mean an appreciation is imminent, but the rarity of Chinese media discussing a possible yuan appreciation certainly adds to speculation. (ETF: CYB) Comment!
Sunday, January 24, 2010, 3:06 PM China may allow the yuan to appreciate in "a bigger one-off move than people talk about," Goldman Sachs' Jim O'Neill says, probably by at least 5% to cool down the economy. "They may also consider having a wide band to let it move more frequently on the daily basis to stop speculative players.” (ETFs: CNY, CYB) 2 Comments
Wednesday, January 6, 2010, 4:56 AM A Chinese government economist urges Beijing to allow the yuan to rise by 10% in a one-off revaluation against the dollar. Chinese Academy of Social Sciences economist Zhang Bin would also like China to widen the yuan's daily trading band to 3% around parity from a current 1.5%. (ETF: CYB) Comment!