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By Phil Flynn |
April 15, 2013
China's GDP came in at 7.7% below the 8.0% that was expected. This caused a commodity route and markets that were already wobbly tanked after the report.
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By Stephen Kirkland, Lindsey Rupp and Lu Wang, Bloomberg |
April 9, 2013
Stocks rose for a second day and industrial metals rallied as slower-than-forecast Chinese inflation eased pressure on policy makers to tighten credit.
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By Stephen Kirkland and Glenys Sim, Bloomberg |
April 9, 2013
Global stocks rose for a second day and industrial metals rallied as Chinese inflation slowed more than forecast, reducing pressure on policy makers to tighten credit.
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By Bloomberg News |
April 9, 2013
Fitch Ratings Ltd. cut China’s long-term local-currency debt rating, citing increasing risks to the country’s financial stability given the lack of transparency in the increased borrowing of local governments.
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By Phil Flynn |
April 9, 2013
The substitution of natural gas for oil and increasing fuel economy means that oil demand is reaching a tipping point and that "The end is Nigh” for global oil demand growth.
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By Bloomberg News |
April 7, 2013
Chinese President Xi Jinping said no country should be allowed to instigate regional chaos.
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By Asjylyn Loder, Bloomberg |
April 2, 2013
China is on course to overtake the U.S. as the world’s top crude importer by 2014, as the Asian country’s growing refining capacity boosts demand and America’s fracking boom cuts the need for foreign oil, OPEC said today.
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By Phil Flynn |
April 1, 2013
Oil prices are weaker on China's PMI, which rose to a less than expected 50.9 in March. The number failed to inspire petroleum buying but it was a slight improvement over February.
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By Fion Li and Andrea Wong, Bloomberg |
March 29, 2013
China’s yuan rose to a 19-year high after the central bank raised its daily reference rate to the strongest level in more than 10 months.
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By Justin Pugsley |
March 26, 2013
The U.S. dollar increasingly looks like an island of tranquility surrounded by a sea of global instability and uncertainty with the Eurozone once again in turmoil and with concerns over Asia and the Middle East.
