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PeterR
09-01-2016, 04:25 PM
The Role of CNY in Europe’s Retail Confidence Crisis

some charts showing USDCNY and European luxury equity (sort of ) relation:
http://blog.gavekalcapital.com/?p=11698

Sum:

As the yuan strengthened, Chinese customers bought more European consumer goods; conversely, as the currency has weakened, appetite for the latest Louis Vuitton handbag seems to have subsided