Posts Tagged ‘china’
How Much Gold Will China Buy?
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Thursday, 17 February 2011 10:00
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George Milling-Stanely, managing director of the World Gold Council, breaks down China’s buying patterns and if the country might get on a gold standard.



 
European Market Update
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Wednesday, 16 February 2011 11:28
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The USD began the European day on an easier footing with sovereign account demand cited. China was said to been the main buyer of EUR/USD with chatter of Mid-East bids on approach of 1.3500 The GBP was support by lingering concerns of the protests in various Mid-East countries with events

 
China: Inflation Jumps, but Less than Expected
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Tuesday, 15 February 2011 11:21
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CPI inflation in January jumped to 4.9% y/y (consensus: 5.4%, DB: 5.3%) from 4.6% y/y in December. This was considerably less than expected, but in line with the whispers circulating in financial markets yesterday. The main reason for the lower reading was that food prices increased less than expected (10.6%