Straw that stirs the drink department: A chart of the growth in Chinese steel production plotted...

|By:, SA News Editor

Straw that stirs the drink department: A chart of the growth in Chinese steel production plotted alongside the Australian dollar shows the correlation has gotten especially tight in recent years. Another chart shows the tight correlation between the aussie and the S&P 500. Does this mean Chinese steel production is driving the whole shebang?