Wednesday September 08 , 2010
Text Size
   
Nordmarkets.com
http://www.alpari.co.uk/

China

China world's leading emerging market...

G-20 Official Says, Yuan Flexibility to Reduce China's Exports...

China

China’s pledge of a more flexible Yuan will reduce the China’s exports in 2010-2011, adding to difficulties that include the European debt crisis and rising costs, a Ministry of Commerce official said.

“I’m not optimistic about the exports this year,” said Yu Jianhua, a Ministry of Commerce director general, after a press conference during the Group of 20 meetings in Toronto. “It’s essential for exporters to cut cost and keep their share in the world trade market.”
 

Chinese metals demand critical...

China

The growth in China’s apparent consumption of base metals reflected China’s economic growth and, in the case of some metals including copper, a build in stocks. Tighter monetary policy may temper the rate of economic growth in China and also curb stock building. Nonetheless, the most likely case remains that China posts another year of strong growth in 2010, helping support base metals demand.
   

China’s exports surged in December 2009...

China

China’s exports surged in December 2009 and imports rose to a record in a stronger-than-forecast trade rebound that may lessen the case for governments to sustain stimulus programs this year.

Exports climbed 17.7% from a year earlier, the first increase in 14 months, and imports jumped 55.9%,. Year-on-year comparisons are affected by declines from late 2008 as the global credit crisis deepened.

Read more: China’s exports surged in December 2009...

   

China continues weak Yuan...

China

The Chinese Premier Wen was out with rather bellicose rhetoric that again underlined the Chinese intention to keep the Yuan pegged to the USD for now and not yield to outside pressures for a revaluation. This is actually somewhat USD negative as it supports the idea of further reserve diversification pressures, which tend to boost the Euro. In an article, Wen was quoted saying "We will not yield to any pressure of any form forcing us to appreciate. As I have told my foreign friends, on one hand, you are asking for the renminbi to appreciate, and on the other hand, you are taking all kinds of protectionist measures". The debate on whether China is the world's great hope for economic growth or a giant bubble waiting for a spectacular implosion continues to rage.
   

Chinese Premier Wen Pledges to Cool China Property Prices, Resist Yuan Pressure ...

China

Chinese Premier Wen Jiabao said the government will cool property prices, resist pressure for the yuan to appreciate and keep inflation at “reasonable” levels.

China’s property prices climbed last month at the quickest pace since July 2008, adding to concern that record lending and inflows of money will inflate asset bubbles in the world’s fastest-growing major economy. Central bank adviser said Nov. 18 that the nation needs to be on alert for stock, real-estate and commodity bubbles as global capital flows into emerging economies. 

Read more: Chinese Premier Wen Pledges to Cool China Property Prices, Resist Yuan Pressure ...

   

Page 1 of 2

Currency Converter

Amount:
From:
To:


Central Banks Interest Rates

US       0.25%
UK 0.5%
EMU / EURO 1%
Japan 0.1%
Switzerland 0.25%
Canada 0.25%
Australia 3%
New Zealand 2.5%
Sweden 0.25%

MyForexTime Twitter Updates

Advertisment

Gold Future and Spot

Gold rates, gold trading

Gold prices slipped a little lower last night influenced by technical selling...  2010-03-10  Read More

MyForexTime.com is a Forex, Foreign exchange market, Stocks, CFDs, Commodities portal / directory dedicated to FX / CFDs market players. Developed to educate investors and students, offer real time foreign exchange rates, Forex education, latest Forex news, daily reports, weekly reports, currency market overview, FX trading recommendations, technical analysis, currency forecasts, foreign exchange charts, currency converter, brokers firms, Trading Platform Stocks, CFDs, crude oil , gold , silver trading platforms, daily events, analysis, demo forex accounts, mini forex accounts, FDMS, forex trading, futures trading, broker information, economy news, economic macro, politics, and economic events.

Note: All information on this page/website is subject to change. MyForexTime.com is (forex, economy, stocks, commodities etc.) educational, information, blogs webportal.The use of this website constitutes acceptance of our user agreement. Opinions expressed at MyForexTime.com are those of the individual writer and do not necessarily represent the opinion of MyForexTime.com or its team, therefore shall not be responsible for any loss arising from any investment based on any recommendation, forecast or other information herein contained. Please read our privacy policy and legal disclaimer.

Disclaimer: * (i)“Trader pays a spread between the bid and ask prices.” (ii) "Increasing leverage may increase gains or losses on any given trade." High Risk Disclosure: Trading Currency, Gold/Oil/Silver, CFDs, FX/Foreign Exchange on margin carries a high level of risk, and may not be suitable for all the investors. You should be aware of all the risks associated with foreign exchange trading/market, and seek advice from an independent financial advisor/company if you have any doubts. The high degree of leverage can work against you as well as for your money (investment). Before deciding to trade Forex / foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Forex / foreign exchange trading and seek advice from an independent financial adviser if you have any doubts. Opinions expressed at MyForexTime.com are those of the individual authors and do not necessarily represent the opinion of MyForexTime.com or its management. MyForexTime.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any data, opinions, news, research, analysis, prices or other information contained on this website, by MyForexTime.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice or recommendation. MyForexTime.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.