China's Catch-22 Signals Stronger Yuan Surprise to Goldman Sachs

  • Higher yuan fixings to drive rally in risk assets, Brooks says
  • Currencies of Australia, Malaysia, Indonesia seen gaining

China is probably going to surprise markets by strengthening the yuan’s daily fixings over the next few weeks, driving a revival in risk appetite that will buoy currencies from Australia to Malaysia, according to Goldman Sachs Group Inc.’s head of exchange-rate strategy.

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