US inflation saw its biggest rise since 1990 in October, putting businesses like Gianni’s Pizza in Wilmington, Delaware – US President Joe Biden’s home town – under increasing pressure. Photo: AFP
US inflation saw its biggest rise since 1990 in October, putting businesses like Gianni’s Pizza in Wilmington, Delaware – US President Joe Biden’s home town – under increasing pressure. Photo: AFP
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

US dollar strength just means renminbi bulls need to look further afield for yields

  • The US dollar is being supported by rising consumer prices and sentiment that the Fed might accelerate the tapering of its bond purchases
  • Even so, investors seeking to benefit from yuan appreciation can find opportunities for yields in Europe, Britain and Japan

US inflation saw its biggest rise since 1990 in October, putting businesses like Gianni’s Pizza in Wilmington, Delaware – US President Joe Biden’s home town – under increasing pressure. Photo: AFP
US inflation saw its biggest rise since 1990 in October, putting businesses like Gianni’s Pizza in Wilmington, Delaware – US President Joe Biden’s home town – under increasing pressure. Photo: AFP
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