The detailed statistics from China’s April monetary statistics show that the change in the position of forex purchases has turned negative again in April. With a relatively…
The ‘risk off’ trade is commanding the markets. A subtle, but interesting example is the EURCHF.
For four days the EURCHF has held to 1/8th percent away from the official 1.2000 peg. It sits at 1.2016 as I write.
Wherever you look, from China to…
These two articles point in a bad direction:
China’s 2011 total trade surplus was $183B. The surplus with the USA was $270B; the US was 150% of China’s total surplus. China imports lots of “stuff.” Crude oil is high on that list. I…
Aug 13, 2011
The pain to come for Chinese exports
By Olivia Chung
HONG KONG – A slowing global economy on the back of debt woes in the United States and Europe will hurt China’s exports in the long run – but not just yet, analysts and industry play…
IMF External Relations Department
Morning Press
Friday, December 10, 2010
China
PBOC Hikes Reserve Requirement Ratio By 50 Basis Points
China’s central bank said today it will raise banks’ reserve requirement ratio by 0.50 percentage points, the sixt…
