Goldie (NYSE:GS) Missed China Rally, Now Overweighting Chinese Stocks

Goldie (NYSE:GS) Missed China Rally, Now Overweighting Chinese Stocks






Goldie (NYSE:GS) Missed China Rally, Now Overweighting Chinese Stocks $DIA, $SPY, $QQQ, $VXX Goldman Sachs Group (NYSE:GS) is joining the rush on Chinese shares, becoming the latest major brokerage to upgrade the market thanks to mounting evidence of strength in the largest Asian economy. The bank’s strategists are now overweight Chinese stocks, with their 12-month […]






Inflationary Pressures Loom in China, as Economy Firms

Inflationary Pressures Loom in China, as Economy Firms






Inflationary Pressures Loom in China, as Economy Firms Accelerated consumer and industrial prices growth indicates nascent inflationary pressure on the Chinese economy, despite the good start to Y 2017. The CPI (consumer price index) rose 2.5% Y-Y last month, fractionally above market expectations of 2.4% and the strongest in 2.5 years. Meanwhile, industrial inflation expanded […]






PBOC: China Will Keep Monetary Policy Neutral

PBOC: China Will Keep Monetary Policy Neutral






PBOC: China Will Keep Monetary Policy Neutral $CNY China should keep its monetary policy stable and neutral, a Chinese central bank official said Wednesday. Yi Gang, deputy governor of the People’s Bank of China, made the remarks at the annual meeting of Chinese Economists 50 Forum (CE50) when responding to questions on China’s monetary policy. […]






China’s Forex Reserves Fell in July, Gold Reserves Up

China’s Forex Reserves Fell in July, Gold Reserves Up






China’s Forex Reserves Fell in July, Gold Reserves Up $CNY, $USD, $GLD China’s Forex (foreign exchange) reserves fell to $3.20-T in July, central bank data showed Sunday. Economists polled predicted Forex reserves would fall to $3.20-T from $3.21-T at the end of June. China’s reserves, the largest in the world, fell by $4.10-B in July. […]






China’s Central Bank Injects Liquidity Into Market

China’s Central Bank Injects Liquidity Into Market






China’s Central Bank Injects Liquidity Into Market China’s central bank Monday pumped money into the inter-bank market to provide more liquidity. The People’s Bank of China (PBOC) put RMB 50-B (around US$7.6-B) into 7-day reverse repos, a process by which central banks purchase securities from banks with an agreement to sell them back in the […]