By John Richardson STILL don’t buy the argument of the role of central bank money in distorting the oil prices, which I made last Friday when I argued that is more of this cheap money that is behind today’s oil price rally? Then also consider the role of currencies in all of this. Hedge funds […]
Asian Chemical Connections
China Chem Imports May Fall On Yuan Expectation
As cheap as chips Source of picture: europa.eu By John Richardson THE decline in the Euro has resulted in investors downgrading their expectations of a Yuan appreciation taking place over the next few months. Last week, Yuan foward contracts were factoring in a zero chance of appreciation over the next three months after […]
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