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China’s metallic grab
FT Alphaville —
... Chinese state stockpiling, arbitrage and state stimulated domestic consumption. Indeed China’s investments in factories and property climbed 30 per cent in the four months to the end of April — an amazing example of just what a cool 4 trillion yuan can do for one’s country. On the external side, demand from outside the PRC is still very weak. Indeed, Chinese exports continued to fall for the sixth month in a row, declining 22.6 per cent in April from a year earlier. Compared with March they rose 6.9 per cent. The contrast between stimulised domestic demand and lacklustre ...
China’s metallic grab
FT Alphaville —
... Chinese state stockpiling, arbitrage and state stimulated domestic consumption. Indeed China’s investments in factories and property climbed 30 per cent in the four months to the end of April — an amazing example of just what a cool 4 trillion yuan can do for one’s country. On the external side, demand from outside the PRC is still very weak. Indeed, Chinese exports continued to fall for the sixth month in a row, declining 22.6 per cent in April from a year earlier. Compared with March they rose 6.9 per cent. The contrast between stimulised domestic demand and lacklustre ...
Lunch Wrap
FT Alphaville —
... Wrap Posted by Sam Jones on May 12 12:21. On FT Alphaville this morning, - Introducing… the square root-shaped recovery. - Solutions to the China dollar problem. - Time for a dollar crisis (Rogers)? - China’s “ metal consolidation plan “. - Cows : a new asset class. - RBS aviation experiences turbulence . On FT.com, - BofA raises $7.3bn from CCB stake sale. - UK manufacturing data raises recovery hopes . - Chinese exports plummet. - Markets: Oil his 6-month high. This entry was posted by Sam Jones ...
Lunch Wrap
FT Alphaville —
... Wrap Posted by Sam Jones on May 12 12:21. On FT Alphaville this morning, - Introducing… the square root-shaped recovery. - Solutions to the China dollar problem. - Time for a dollar crisis (Rogers)? - China’s “ metal consolidation plan “. - Cows : a new asset class. - RBS aviation experiences turbulence . On FT.com, - BofA raises $7.3bn from CCB stake sale. - UK manufacturing data raises recovery hopes . - Chinese exports plummet. - Markets: Oil his 6-month high. This entry was posted by Sam Jones ...
The China copper effect
FT Alphaville —
Despite a sharp fall in Chinese imports and exports in April, China has remained a major force within the metals market. As FT Alphaville ...
The China copper effect
FT Alphaville —
Despite a sharp fall in Chinese imports and exports in April, China has remained a major force within the metals market. As FT Alphaville ...
Falling Fal of global trade
FT Alphaville —
... to park massive container ships: they can be mothballed in the mouth of the Fal far cheaper than they can be held up in port; awaiting shipments that might never materialise. Right now, the Fal is full of them. And indeed, a glance at the Baltic Dry Index - the barometer of dry shipping rates - tells why: At the beginning of this year, the Baltic Dry was down 92 per cent on its May 2008 high of 11,793 points. Any signs of a recovery have been sluggish. Little wonder with, as the FT reported earlier today, Chinese exports down 22.6 per cent year-on-year, according to the ...
Notice: Due to technical problems
FT Alphaville —
... in more than 70 years on Tuesday amid increasingly loud signals that the Detroit carmaker is headed for bankruptcy protection within the next three weeks. - Chinese exports fall sharply Chinese exports fell steeply in April for the sixth month in succession, suggesting the worst might not be over for the world’s third largest economy. - Freddie Mac to draw further $6.1bn Freddie Mac ...
Notice: Due to technical problems
FT Alphaville —
... in more than 70 years on Tuesday amid increasingly loud signals that the Detroit carmaker is headed for bankruptcy protection within the next three weeks. - Chinese exports fall sharply Chinese exports fell steeply in April for the sixth month in succession, suggesting the worst might not be over for the world’s third largest economy. - Freddie Mac to draw further $6.1bn Freddie Mac ...
Words from the (investment) Wise: 5.17.09
The Big Picture —
... Focusing specifically on China, the Financial Times reported “the total value of Chinese exports fell 22.6% to $91.9 billion last month compared with the same month a year earlier - a faster rate of decline than the 17.1% year-on-year drop in March”. However, Kevin ( ...
Words from the (investment) Wise: 5.17.09
The Big Picture —
... Focusing specifically on China, the Financial Times reported “the total value of Chinese exports fell 22.6% to $91.9 billion last month compared with the same month a year earlier - a faster rate of decline than the 17.1% year-on-year drop in March”. However, Kevin ( ...
Livestock and aluminium, laggards in May
FT Alphaville —
... in May — the Chinese most likely having re-stocked to a more than comfortable degree by now. Barclays Capital’s commodities team goes as far as to predict Chinese imports will even be seen to have fallen in May. The bank is also predicting a new cycle low for the metal in the months ahead, on ongoing lacklustre demand from the global automobile industry. Related links: China’s metallic grab - FT Alphaville China, the currency factor and copper - FT Alphaville Chinese monthly exports fall sharply - FT
