User 213334

China Increases Holdings of US Assets

I'm wondering why speculative money headed China but not Europe and/or Australia. Compared with RMB, Euro and Australian Dollar appreciated more against U.S. Dollar over the past few months, combined with other advantages as higher interest rate, no capital control...
Betting on a one-off appreciation?

China Raising Fuel Prices Unlikely to Cool Red Hot Oil Market

We ain't gonna use oil-powered autos any more, especially those gas guzzlers as Hummer. Emission-free electric cars will kick in soon and put an end to the crude speculative party, as well as oil giants' good time. I'm just wondering what will happen to OPEC countries when the unreasonably high price of oil burn car-owners so badly they have to seek for alternatives, hence the permanent change of their spending habits and sharp drop in demand for oil .