REFILE-UPDATE 1-China oil futures launch may threaten primacy of U.S. dollar: UBS
25 Mar REFILE-UPDATE 1-China oil futures launch may threaten primacy of U.S. dollar: UBS
Posted at 19:10h
in
News
by KMFSLLP
NEW YORK, March 26 (Reuters) – China’s launch on Monday of
its crude futures exchange will improve the clout of the yuan in
financial markets and could threaten the international primacy
of the dollar, argues a new report by Hayden Briscoe, APAC head
of fixed income at UBS Asset Management.
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