J.P. Morgan Asset Management - The Weekly Brief

17.05.2016 10:39 - JPMorgan Asset Management (Switzerland) LLC

J.P. Morgan Asset Management - The Weekly Brief

Die Devisenreserven Chinas werden aktuell besonders beobachtet. Die Abnahme der

Devisenreserven hat die Anleger beunruhigt, denn sie könnte letztlich dazu führen, dass

China nicht mehr in der Lage sein wird, seine Währung weiter zu stützen. Dadurch könnte

wiederum eine starke Abwertung des Yuan ausgelöst werden, die für Schockwellen an den

weltweiten Märkten sorgen würde. Aus der folgenden Grafik ist jedoch eine einsetzende

Stabilisierung der Devisenreserven des Landes abzulesen. Im April erhöhten sich die

Devisenbestände um 6 Mrd. US-Dollar, wobei es sich um den zweiten Monat in Folge mit

Zuflüssen handelt – das erste Mal seit Juni 2014. Die Anleger sollten hinsichtlich einer harten

Landung Chinas in naher Zukunft weniger Befürchtungen haben. Die Kapitalflüsse sind

besser und auch Chinas Konjunkturdaten (wie z. B. Einzelhandelsumsätze und Industrieproduktion)

haben sich stabilisiert.

JPMAM_The Weekly Brief_17.05.2016.pdf

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