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Apr 10, 12 •
5461 Views •
Market Commentaries •
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Comments Off on China, Crude And The GCC
Over the past year, oil prices rose considerably in reaction to the Arab spring, reaching close to $126 per barrel in last April at the peak of the Libyan crisis. Since then, prices have not returned to the moderate levels of 2010, when the average price for...
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Apr 2, 12 •
8704 Views •
Market Commentaries •
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Comments Off on A New Chinese Currency Initiative
In 2009, the People’s Bank of China used Shanghai to kick off a trial program to permit Chinese companies to settle cross-border trade in yuan—which has now expanded to include the rest of the country. Once again a new trial program will be launched...
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Mar 28, 12 •
7621 Views •
Market Commentaries •
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Comments Off on US And EU Markets End The Day Down
European share markets have closed lower, with investors hesitant after recent gains on concerns over China and the eurozone and data showed the British economy in worse shape than first thought. The British economy contracted 0.3% in the final three months...
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Mar 20, 12 •
4894 Views •
Market Commentaries •
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Comments Off on Crude Falls On Tuesday Trading
Saudi Arabia, the world’s largest oil producer, said it would work alone and in cooperation with other producers to ensure adequate global supplies of crude oil, market stability and fair prices, Dow Jones Newswires reported. Traders also stressed over news...
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Mar 14, 12 •
8630 Views •
Between the lines •
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Comments Off on Premier Wen Addresses The National People’s Congress
Giving the closing address at the end of China’s yearly parliamentary session on today, Premier Wen claimed the state had no intention to relax its austerity position because while housing costs have just shown signals of easing, they were still too...
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Feb 15, 12 •
14887 Views •
Market Commentaries •
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4 Comments
It’s quite fascinating to note that whilst there is a Chinese delegation visiting Washington to meet with Barack Obama a European delegation is visiting Beijing. Whilst in the USA the Chinese officials have been very vocal their support of Europe (and...
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Feb 10, 12 •
11033 Views •
Market Commentaries •
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1 Comment
The Baltic Dry Index And Chinese Import Figures Tell The Story That Most Economists Don’t Want To Hear If there was a well known and highly referenced index that had fallen by over 60% year on year not only would the investment community be deeply...
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Jan 18, 12 •
10156 Views •
Market Commentaries •
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Comments Off on Remember The Name, Renminbi – The People's Currency
Following the Battle of Plassey in 1757, in which Britain annexed Bengal to its empire, the British East India Company pursued a monopoly on production and export of Indian opium. The monopoly began in earnest in 1773, the British Governor-General of Bengal...
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Jan 17, 12 •
7245 Views •
Market Commentaries •
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Comments Off on China Pulls Global Markets Up By Its Boot Straps, Probably Made In China
China’s city dwelling urban population has finally surpassed those living in the countryside for the first time in the nation’s more than 5,000 years of ‘recorded’ history. The number of people living in towns and cities increased by 21...
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Jan 13, 12 •
7417 Views •
Market Commentaries •
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Comments Off on Is China Beginning Its Great Unwind From USA Dollars?
It’s actually an urban myth that the great wall of China is “visible from the moon” or visible from orbit with the naked eye unless we’re accepting that using Google earth amounts to the same. The claim the Great Wall is visible has...