China

China
Vince Lanci's picture

Silver and Gold Daily

Gold EFP (Cash to prompt future) was 20/50 yesterday (cash over) as Feb converges with cash. Chinese interest in a specific Gold bar through London is working way through the cash market.

Global Stocks Dip; Bond Yields, Dollar Rise After Yellen's Rate Guidance; All Eyes On Draghi

European and Asian shares, and S&P futures slipped, while government bond yields jumped to multi-week highs on Thursday after Yellen's hawkish speech. Oil rose after API reported a drop in crude inventories. The euro rebounded as investors look to Mario Draghi to address rising European inflation that make the ECB's stimulative policies look increasingly out of sync.

What Can Americans Learn from Chinese Government Propaganda?

We live in a world like no other in human history. We’re mercilessly bombarded by intense and sophisticated propaganda virtually 24/7, whether it be from government officials, media outlets or multi-national corporations with endless budgets. The barrage is relentless, and unless you feel like ditching it all and moving into a cave, pretty much inescapable. For those of us dedicated to living on the outside, the only offense is a good defense, and a good defense requires understanding.

China On Alert For "Death Of Night" Trump Tweets

"There are some really unexpected things happening with the Trump administration and there are no doubt a lot more people paying attention to Twitter at 2am in the night... We are operating in a very different environment where markets are reacting and adapting to changes that have not been seen for a good decade or more."

China Central Bank Injects A Record 1.035 Trillion In Bank Liquidity This Week

With liquidity still scarce, moments ago on Thursday morning, the PBOC added another net injection of 190 billion consisting of 100Bn in 7-day repo and 150BN in 28-day repos, offset by 60bn yuan in previous loans maturing. As a result, the PBOC has injected a net of 1.035 trillion yuan via reverse repos so far this week, an all time high.

China Orders Local Weather Bureaus To Stop Issuing Smog Alerts

To avoid the impression that it is losing the war on smog, China has come up with something typically "innovative": it has ordered local meteorological bureaus to suspend issuing smog alerts, raising suspicions the government is covering up information about the country's air pollution as public anger over the issue grows.

The Truth About Venezuela's "Economic War"

President Maduro is correct. Venezuela’s economic woes are indeed the result of economic war and mafia attacks. But Venezuela’s political elites are the mafia, and they alone have waged a decades-long economic war on Venezuela’s people.

Jamie Dimon: "The Euro Zone May Not Survive"

Speaking to Bloomberg TV in Davos, JPM CEO Jamie Dimon said “the euro zone may not survive,” and added that "what went wrong is going wrong for everybody, not just going wrong for Britain, but in some ways it looks like they’re kind of doubling down."

China Housing Bubble Finally Pops: First Slowdown After 19 Months Of Acceleration

Today we got the first confirmation that the latest Chinese housing bubble has finally popped, as housing prices across the 70 cities were up 12.7% Y/Y, below the 12.9% annual growth rate in November. This was the first moderation in year-over-year housing price growth after 19 months of continued acceleration.

Chinese Province Admits It Fabricated Economic Data For Three Years

China's sverely impacted rust-belt province of Liaoning fabricated fiscal numbers from 2011 to 2014, local officials admitted, raising doubts about the accuracy of China’s economic data just days ahead of the release of the nation’s GDP report due on Friday. The data were made up "because officials wanted to advance their careers."