Статьи, помеченные тэгом ‘People’s Bank of China’
Friday, June 25th, 2010
Who needs a weak yuan? What will the exchange rate between the dollar? Technology companies deftly move production around the world only to find the most favorable conditions for himself. Apparently, now they have to make the next leap forward in this direction. Bank of China on Saturday announced that he intends to continue the reform of exchange rate policy and increase the flexibility of RMB exchange rate. In a statement posted on the bank’s Web site states that the established boundaries of fluctuations yuan (0,5% per day) remain unchanged. At the same time the Central Bank intends “to focus on the reflection of market demand, taking into account a basket of currencies”.
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Tags: Apple Inc., bank, Bank of China, Beijing, canada, car production, CEO, china, Chinese central bank, clear solution, consultant, Deputy Secretary of the export department, dollar, Eastern Europe, energy, europe, G20, Hewlett-Packard Co, Hon Hai Group, Honda Motor Co. Ltd., HP, Jabil Circuit Inc., japan, malaysia, Mayne, mexico, Ministry of Commerce, mobile phones, Motorola Inc., Paul Fridenberg, Peking University, People's Bank of China, Prime-Minister, semiconductors, Shenzhen, Sony Corp., technology, technology sector, Tim Main, Toronto, United States, USD
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Wednesday, June 23rd, 2010
Exchange rate U.S. dollar is under pressure from a variety of factors today. Markets have realized that too actively responded to reports of a possible strengthening of the yuan, and now, despite the fact that each new day the Chinese Central Bank announced on the next rate increase within a specified range of players, it does not touch them.
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Tags: dollar, europe, People's Bank of China, United States, US Federal Reserve
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Tuesday, June 22nd, 2010
Oil prices remained stable today. The factor that prevents the oil price rise, is the threat of falling demand in the euro area. Quotes of the oil market on Monday 21 June on the basis of trades were closed with an increase in value against the release of positive news about the yuan from the central bank of China.
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Tags: bank, china, crude oil, Dow 30, heating oil, heavy oil, light oil, light oil products, London, major U.S. stock, Ministry of finance, New York Stock Exchange, oil, oil market, oil price rise, Oil prices, oil products, People's Bank of China, russia, S&P 500, supported oil futures, U.S. Institute of Petroleum, United States, Urals, USD
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Monday, June 21st, 2010
Dow Jones Industrial Average started trading with strong growth, but at the end of the trading session began to fall rapidly. The level of support for the Dow Jones dropped significantly. Customers started to close short positions and they themselves have broken the positive trend. Bulls took the opportunity and started Dow Jones Industrial Average in the red zone. Trading in the U.S. on Monday June 21 ended lower indices. The initial euphoria associated with the decision of China to weaken the control over the yuan, had vanished. Investors have come to the conclusion that the change in the course of the Chinese currency would take time.
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Tags: bank, Bank of China, Beijing, BP Plc, china, Chrome, computer maker, Dell Inc., Democratic Party, disaster oil rig, Dow 30, europe, European Central Bank, European Economic and Monetary Union, European Union, exchange rate management, germany, Google Inc., greece, Gulf of Mexico, Internet browsers, Internet Explorer, Ireland, Jean-Claude Trichet, Microsoft, Microsoft Windows, Ministry of finance, oil, oil spill, operating system, Paper oil, People's Bank of China, portugal, President, Robert Dudley, S&P 500, Senator, stock markets, underwater oil wells, United States, usa, USD, Welt, Welt am Sonntag
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Monday, June 21st, 2010
Dow can’t go down, – as the bulls say… Alcoa makes the Dow Jones Industrial Average to rise throughout the day. The stock market situation today is mostly driven by the move of the Central Bank of China. As reported, Chinese monetary authorities have allowed some revaluation of yuan and that caused some euphoria among the traders. Later, when the facts about yuan new state policy become clarified the market euphoria was evaporated. By fact, the free-float yuan remains an distant American dream, furthermore – the announced move can devalue yuan in the long term.
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Tags: Alcoa, Dow 30, Dow Jones, Home Depot, manufacturing sector, Merck, People's Bank of China, Pfizer, pharmaceutical, retail prices, stock markets, usa, Wall Mart
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Monday, June 21st, 2010
Oil prices are rising fast enough, that was a surprise to the bears today. Brent oil price at today’s auction could not reach 14 cents to a mark 80 dollars / barrel. Thus, the maximum price the deal on Brent futures today was 79.86 dollars per barrel. – The highest quotation from 14 May this year Meanwhile, the growth of quotations Light Sweet yet confined mark of $ 78.87 per barrel. – Also a maximum of five weeks.
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Tags: Brent Crude (August), cent, IPE, oil, oil contracts, oil futures, oil price, Oil prices, People's Bank of China, USD
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Monday, June 21st, 2010
Dow Jones Industrial Average reached the level of 10,573.91 points. The overall growth of Dow Jones Industrial +123.27 points (1.18%) now. Thus, a positive trend for the Dow index came from the UK and China. The level of support for the bulls on the U.S. stock market remains a record high. Even in European trading data for the UK slightly increased the activity to the risk, but the positive mood was not supported, and later traded currencies, with some decrease.
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Tags: china, Dow 30, Dow Jones, light sweet crude oil, Oil prices, People's Bank of China, stock markets, Swiss National Bank, United Kingdom, United States, usa, USD
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Monday, June 21st, 2010
China’s claim of first revaluation of the yuan becomes a signal for growth in the euro today. In addition, the weak yuan great pleasure bulls on the blue chip Dow Jones Industrial Average. Dow index could rise to record levels today. Buyers expect a record trading volume on the NYSE today. Dow Jones Industrial Average may be the growth leader in the stock market. Thus, the euro-dollar opened today with gepom up after Saturday China announced that it will allow its currency to become more “flexible” and signaled the possibility of ending two years of pegging the Yuan to the dollar.
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Tags: bank, Bank of China, china, CNY, Dow 30, Dow Jones, europe, growth leader, Obama, oil, People's Bank of China, President, stock markets, United States, usa
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Monday, June 21st, 2010
A year after the fiscal policy of the United States was named by the Chinese authorities “irresponsible”, the PRC leaders are showing greater confidence in the methods of doing business in the U.S. economy. China increased the amount of U.S. Treasury bonds bought by 2,6% to $ 900.2 billion in March and April, after the reduction of stockpiles of these securities at 6.5% in the period from November to February, which was the longest monthly decline over the past ten years.
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Tags: china, George Goncalves, George Gonsalves, investment bank, net buyer, Nomura Holdings Inc., People's Bank of China, U.S. Treasury, United States, usa, USD
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Friday, June 18th, 2010
Pound / dollar is testing resistance at 1.4875/85 area, with corrective rollback clearly lacking enthusiasm. So, obviously the market is set to further increase pound. Some technical traders said that the next resistance will be the region of 1.4920. Support is at 1.4860. The Canadian dollar lost some weight at the auction on Friday because of lower oil prices and signs that the estimates on the state of the oil industry and oil consumers may be overly optimistic.
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Tags: australia, Bank of Canada, CAD, canada, Chairman, dollar, euro, Lower oil prices, New York, oil consumers, Oil industry, Oil prices, People's Bank of China, Scotia Capital, United States, USD
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