BofA Says ‘Short’ Yuan, ‘Bearish’ on Sterling



Claudio Piron, co-head of Asia foreign exchange and rates strategy at BofA Securities, discusses the outlook for the region’s economies, central banks’ policies, and global currencies including the Yuan, dollar and UK sterling. He also talks about a survey that shows China’s services activity beat expectations in June and jumped to the highest level in nearly a year. He speaks with Yvonne Man and Rishaad Salamat on “Bloomberg Markets: Asia.”



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