Yuan advances 0.37%

What will be the impact of renminbi appreciation versus the U.S. dollar? Last time it occured against the backdrop of a weakening U.S. dollar and the result was inflation
Hugh Hendry made the connection between yuan appreciation and oil appreciation.
Yuan and Oil—The Bubble Connection?

Here's a link to all the posts about renminbi. I have both count and counterpoint, some blogs discuss RMB appreciation and others depreciation.

If there is appreciation going forward, I anticipate gold, gold miners (plus other hard assets and hard asset producers) and SE Asian markets to perform well.

Renminbi depreciation would be a symptom of global deflation.

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