Close this search box.

Explore the world.

Assess underlying fundamentals and market conditions in the world's major economies.


Stay ahead.

Follow the biggest stories in markets and economics in real time.

Connect with us.

Learn more about Corpay Cross-Border and the currency research team.


Get insight into the latest trends and developments in global currency markets with breaking news updates and research reports delivered right to your inbox.

After signing up, you will receive regular newsletters from Corpay, and may unsubscribe at any time. View Corpay’s Privacy Policy

Policy stumbles might continue.

A bearish scenario for the renminbi could manifest if China’s economy fails to re-ignite. There is a risk that the government’s policy response is not forceful enough to sustainably turn the property market around, awaken dormant animal spirits, and counteract the drag on exports and production within a sluggish global export environment. An extended period of subpar growth might unnerve markets, given the potential financial stability and deflationary risks that could be enflamed. We think this sort of backdrop could accelerate renminbi-negative capital flight out of the country.

China inflation, annual % change

Will the positive vibes last?
Markets Recover As Geopolitical Risk Premia Evaporate
Sentiment swings
Israeli Strike Triggers Short-Lived Volatility Spike
Dollar Juggernaut Slows, But Remains Powerful
Higher for (even) longer