Notes You Need for September 12: China’s yuan, VIX, natural gas, BABA, Brexit, Apple

Notes You Need for September 12: China’s yuan, VIX, natural gas, BABA, Brexit, Apple

In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. I launched this new feature on JubakAM.com on December 1. It runs only on JAM and won’t appear anywhere else. For example, 10:20 a.m.: It looks like China’s monetary authorities are starting to relax about the yuan.

Trick or Trend: A weak dollar looks set up to fall further

Trick or Trend: A weak dollar looks set up to fall further

As of Friday, September 8, the U.S. dollar is down 11.3% against a basket of currency peers from its local high on December21. The Dollar Index (DXY) of the euro, yen, pound, Canadian dollar, Swiss franc, and Swedish krona, closed at 91.35 on Friday. It was at 103.02 on December 21. That, of course, is history. But on Friday Deutsche Bank strategist George Saravelos told the bank’s clients to expect a further decline in the dollar.