Summary:
QE China style!
Bringing out the carrot and the stick
Good morning,
The Chinese Minister of Finance has allowed local governments to significantly increase the level of local bond issuance this year. But the recent delay in the issuance Continue Reading →
5
MAY
Commentary:
Start of a new month and it does not look like the volatility will end. 200 plus points moves on the DAX yesterday and it looked reasonably stable! Never thought I would be saying that. However when we sit back and examine the market, it is doing very little in Continue Reading →
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