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Jim Trippon: China’s central bank, The People’s Bank of China, cut the one-year borrowing interest rate 25 basis points, from 6.56 percent to 6.31 percent, on Thursday, June 7th. Along with this cut, the central bank cut the one year deposit rate also by 25 basis points, to 3.25 percent. Read more…
Stoyan Bojinov: The Chinese economy has carved out its presence on the global stage and this Asian bellwether continues to offer lucrative growth potential while Read more…
Jim Trippon: News last Thursday that China’s economy slowed for the seventh consecutive month came from the HSBC Markit Purchasing Managers Index Report. The flash reading for May was 48.7 compared to the 49.3 final reading from April. Read more…
Michael Snyder: Just because you were once the most powerful nation on earth does not mean that you will always be the most powerful nation on earth. Every single year, hundreds of billions of dollars leaves the United States and goes to China (NYSEARCA:FXI). This enormous transfer of wealth Read more…
Jim Trippon: Investors in China are of course paying close attention and are strongly interested in both the near term and long term direction of China’s economy. Most of the news from the western financial media has painted a negative picture of China recently Read more…
Stoyan Bojinov: After starting out 2012 with a bang, economic uncertainties are once again creeping in from both sides of the Atlantic and equity markets around the globe appear to be losing steam and heading lower back towards where they started off the year. With Euro zone debt drama back in the spotlight, investors have seemingly brushed aside all other financial news. Perhaps one of the most Read more…
Jim Trippon: The pundits are out in full force on China. First they were yelling the sky was falling for the Chinese economy, but now that slowing growth in China appears to be both a more mixed picture and not the dire event first predicted, the China critics turn to Chinese stocks. The latest sounds are the Read more…
Dominique de Kevelioc de Bailleul: Secret talks between 200 Arab billionaires in Abu Dhabi, UAE took place during Easter weekend in April 2010 to discuss the death of the petrodollar and the realignment of military protection of Middle East oil fields, according to a source close to Jim Willie of the Hat Trick Letter. Read more…
Bill Luby: Last week’s financial headlines were dominated by Spain and China. In the case of Spain, this was largely due to increased borrowing by Spanish banks from the European Central Bank. Read more…
Russ Koesterich: “Is it time to sell emerging market equities?” That’s what many investors are wondering given that emerging market stocks are up significantly since fall lows and have modestly outperformed developed markets year to date. Read more…
NYSE:EEML, NYSE:EEMV, NYSE:ERUS, NYSE:EWZ, NYSE:ILF, NYSE:MCHI
Patrick Vail: The U.S. coal industry is facing a perfect storm and has taken a beating recently, bringing coal stocks down with it. According to the Energy Information Administration (EIA), electricity generated by coal was down more than 20% in 2011. So it’s no surprise that U.S. coal producers have been hit, Read more…
Money Morning Staff: A commodity is something that has universal definition and demand. Everyone knows what food is, and everybody wants it. Read more…
NYSE:DBC, NYSE:GDX, NYSE:GLD, NYSE:MOO, NYSE:SLV, NYSE:UUP, RJI
Dominique de Kevelioc de Bailleul: Get positioned for the dethroning of the U.S. dollar as the primary reserve currency, according to Trends Research Institute Founder Gerald Celente. Read more…
Sara Nunnally: The BRICs are starting to show their power. As tensions with Iran rise, their economic fate is at risk. When Russia’s worried, we all should be worried… Read more…
Rudy Martin: A world-shaking event occurred this week in the global financial arena, and its impact will be felt for years to come. It will yank the wind straight out of the U.S. dollar’s sails and force a fundamental de-valuation of assets down to emerging-market levels. Read more…
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