The Chinese Government has started hinting that they may begin to liquidate their vast amounts of U.S. treasuries. Such action could be detrimental to the US dollar and in turn it would potentially cause a spike in bond yields and take the legs out from under already fragile housing market. The Chinese are one of… read more
Tag Archives: China
China Raises Interest Rates 12/27/2010 – Futures trading, news, broker
By Angela Moon NEW YORK, Dec 27 (Reuters) – Wall Street was set for a lower open on Monday as shares fell globally following a surprise interest rate increase from China’s central bank. China’s central bank raised interest rates on Saturday for the second time in just over two months as it stepped up its… read more
Dollar Recovery after China Raises Reserve Requirement Ratio
Dollar is trying to recovery from intraday low after market sentiments are weighed down mildly by more tightening from China. China raised the so called bank reserve requirement ratio by 50bps to “appropriately control” credit and loans. This was the second reserve increase in two weeks as inflation is viewed as a serious threat to… read more