Must Watch: Linked Destinies of Gold and China's RMB
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Housekeeping:
Remember the Toilet paper panic during Covid?
Now imagine that for Gold…
Today:
* Premium Analysis: China RMB Usage Surges to New ATH
* News: PCE Release, no surprise is a surprise
Premium Markets:
China’s international use of renminbi surges to record highs
via the Financial Times
China's use of the renminbi in cross-border transactions has reached record highs this year, as closer ties with Russia bolster Beijing's efforts to internationalise its currency and cut dependence on the US dollar…
The skinny
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