Posts Tagged EconomyFile not found. Société Générale: China’s Shadow Banking Needs A Rescue
Société Générale warns that if the cash crunch continues and if property prices correct significantly, the shadow banking system will need a rescue.Hard Landing Is The Central Case, But…
What Chinese policymakers want is like landing an aircraft in a way that destroys wheels in one side and not the other side, without destroying the entire aircraft.China: September PMI Improves For The Second Month
Chinese manufacturing PMI improved for the second month, but remains relatively weak, and the rebound might very well be seasonal.Hong Kong: Monetary Statistics For August 2011
Various measures of money supply decreased in August, the latest monetary statistics by Hong Kong Monetary Statistics show.Finally, ECRI Calls Recession In The US
The Economic Cycle Research Institute (ECRI) now sees the US economy tipping into a new recession.The Bloke From Brussels Stormed Out Of Newsnight
One bloke from Brussels stormed out of an panel discussion on BBC flagship programme Newsnight after being referred as an idiot.China Economy: More Worrying Signs
The recent development in China is getting more worrisome.The Great Escape From The Unbearable Burden Of Credit
With slowing business activities and unbearably high interest rates from the underground banking system, businesses owners are fleeing.More On EM Currencies Weakening
It seems that a strong dollar is creating some troubles elsewhere in emerging markets. EM are having some selling pressures of late.Vicious Circle: Expectation Of Failure And Real Failure
A vicious circle can develop in which the expectation that the monetary policy could fail leads investors to delay investment thereby promoting failure.Hong Kong: Inflation Eased To 5.7% In August
Headline inflation eased to 5.7% yoy, but the actual consumer price index has fallen on a month-on-month basis for two straight months.Chinese Yuan NDF Now Pricing In Depreciation Of The Currency
The Non-deliverable forward contracts are now pricing in a depreciation of the Chinese Yuan rather than appreciation.United States: Federal Reserve Decides To Do Operation Twist
The Federal Reserve decided to sell US$400 billion of Treasurys in the short-end and buy the equal amount of debts in the long-end. Operation twist is official.Jim Chanos On China: Long Corruption, Short Property
Jim Chanos is still shorting Chinese real estate and banks, but he is long corruption, so he kind of likes Macau gaming.
Economy. 20 September, 2011, 23:46Ominous Sign: South Korea Is Selling US Dollar
South Korea is selling US dollar to stabilise its sliding currency. This is a ominous sign that money is flowing out of EM amid on-going market jitters.Fed, ECB, BOJ and SNB Coordinate To Provide US Dollar Liquidity
Fed, ECB, BOJ and SNB are coordinating to provide 3-month US dollar liquidity till the end of the year.So You Want To Bet On Hong Kong Dollar Appreciating?
For speculators who want to bet on Hong Kong dollar de-peggin/re-pegging, you are probably going to go through a very boring wait.Before Rubbishing Others’ Debts, Look At Yourself
China likes to tell other developed countries to get their houses in order, as if their own house isn’t not in order. Hypocrisy.Still Floating The Idea Of Eurobond?
If Wolfgang Münchau reading is accurate, the German constitutional court ruling implies that Eurobond is simply out of the question.Italian Policy Maker Thinks It Might Be Better To Quit Euro Than…
Martin Wolf wrote in the Financial Times that an Italian policy maker thinks it might be a good idea to leave euro, rather than to endure 30 years of pain.