After years of intense speculation, the Chinese government eventually decided to shift away from the renminbi's peg to the US dollar in late July. As such a change grew ever more likely, many banks offered products aimed at helping investors benefit from this and further possible alterations to the currency regime. Of these, JP Morgan stands out from the pack.
The US bank's Bloomberg-JP Morgan Asia Currency Index (ADXY), which is designed to gauge the aggregate performance of a number of Asia
The week on Risk.net, August 4–10Receive this by email