said, china development base on low paid worker. if they do not change that, the syetem will never balance. and i am a chinese, i do not see any changes about low paid worker.
pboc may not yield until qe. this is based on what chinese governor did on the spy case about iron ore. (they are much more stupid than you can imagine)
one of my guess, small amount qe followed by eur blow below 1.35. china quickly yield.
as a result, both you and ashraf are right. :)
in my opinion, qe will come before november. and if china yield before qe, they must do something in next 2-3 weeks.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
تجنب الخطأ الشائع المتمثل في خلط مؤشرات الناسداك وداوجونز و الاس ان بي وإليكم كيفية تفاعله بشكل مختلف مع تذبذبات في عوائد السندات ليست كل مؤشرات الأسهم متشابهة. شاهد الفيديو
How to improve your decision--makingh between Nasdaq100 and SPX by watching technicals in bond yields -Details in video description.
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one of my guess, small amount qe followed by eur blow below 1.35. china quickly yield.
as a result, both you and ashraf are right. :)
in my opinion, qe will come before november. and if china yield before qe, they must do something in next 2-3 weeks.
if china not revaluate their currency(less than 5-10%), eurusd may drop to 1.25 by the year end or beginning of the next year.