Reuters exclusively reports China brokers drop yuan forecasts to avoid regulators’ ire

Reuters reported exclusively that brokerages in China have dropped detailed currency forecasts from their research notes, or have restricted access to them, underlining the growing sensitivity in the financial sector to a regulatory clampdown on speculative investment. Their disappearance follows pressure to avoid stock market forecasts as well as a ban by authorities on publishing commodity prices, amid a series of sprawling crackdowns that are re-shaping China’s economy and upending financial markets.