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Market Currents

Wednesday, November 11, 2009
7:31 AM TweetThis
  • China's exports continued to improve, falling 13.8% in October vs. a 15.2% decline in September and 20%-plus drops earlier in the year. Chinese authorities have begun urging banks to be more cautious in lending, and today the PBOC warned "definite expectations of inflation have formed in the market." (ETFs: FXI, PGJ)
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This news story has 5 comments:

  •  
    Wow - improving by stinking less. Would that we were all held to such low expectations. Interesting note on the inflation expectations.
    Nov 11 07:43 AM | Link | Reply
  •  
    Inflation? Ya think! TODAY they warn. Are these guys slow or what.
    Nov 11 07:54 AM | Link | Reply
  •  
    China is letting the world know in no uncertain terms that inflation worries are on their radar screen, why say it if they do not inetend to do anything about it, so "to be for warned is to be for armed"
    Nov 11 07:55 AM | Link | Reply
  •  
    The inflation (like the US) occurred when they flooded their system with currency. That, in itself, IS inflationary.
    Nov 11 07:57 AM | Link | Reply
  •  
    they are worried about inflation..and they sit on billions of US treasuries..if I was them I would buy the other half of the IMF gold...now....
    Nov 11 08:37 AM | Link | Reply
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