because political reason, they do not want to see anything bad in this period.
zhou xiaochuan already said they can absorb all hot money by rise reserve and invest in foreign country. that would be consider as final answer of rate hike. there is only less than 10% chance to have rate hike.
also they clearly want hot money into stock market. that is another reason why they do not hike.
i rather bet eu have more problems than china hike.
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)
Gold, Yields & Nasdaq
Yields are breaking down, and may potentially extend towards 4.32%, which could imply further gains in XAUUSD and NASDAQ, depending on the outcome and inner details of the CPI. EURUSD...
View Hot-Chart..
do you mean socialism?
http://en.wikipedia.org/wiki/Karl_Marx
in main land china, stock market is nothing about investment. that is a big casino, also ATM for rich and powerful people.
zhou xiaochuan already said they can absorb all hot money by rise reserve and invest in foreign country. that would be consider as final answer of rate hike. there is only less than 10% chance to have rate hike.
also they clearly want hot money into stock market. that is another reason why they do not hike.
i rather bet eu have more problems than china hike.
but i am not sure about RMB revaluation.