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US Raises Alarm Over China's Secretive Emergency Loans, Calls for Greater Transparency
Tuesday, October 1, 2024 - 9:10am | 368Read More...The United States is voicing new concerns about China’s emergency loans to debt-laden countries, citing transparency issues. The United States is raising new alarms about China’s emergency loans to financially struggling nations, highlighting transparency issues. Brent Neiman, a senior...
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Alibaba, JD Shares Riding High In Friday Pre-Market: What's Going On?
Friday, September 27, 2024 - 5:35am | 538Read More...The market rally follows the People's Bank of China announcing a reduction in the amount of cash banks need to hold and outlining plans to support the struggling property market. Alibaba Group Holding Ltd (NYSE:BABA) and JD.Com Inc (NASDAQ:JD) saw significant gains after China’s central bank...
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Dennis Gartman: There Are 'Huge Amounts' Of Uncertainty In This Market
Wednesday, August 12, 2015 - 4:51pm | 588Read More...Dennis Gartman, editor and publisher of the The Gartman Letter discussed the "huge amounts" of uncertainty that are presenting themselves in the market. Gartman started off by stating that it is "almost comical" that many individuals within the investment community believe...
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Is China the Mysterious Gold Bug?
Wednesday, May 25, 2011 - 11:11am | 335Read More...On Tuesday, during CNBC's Fast Money, Melissa Lee relayed an unusual options trade: a trader had purchased 50,000 out-of-the-money Gold call options between $1600 and $1800 and set to expire in August and September. Such a move could have only been undertaken with the backing of substantial...
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Why is the Dollar Still a Safe Play?
Monday, May 23, 2011 - 1:57pm | 365Read More...The U.S. dollar index hit a new high on Monday, reaching a level it had not seen in nearly two months. The euro declined most sharply against the dollar, falling roughly 1%. Some economic commentators came to the conclusion that the dollar was down on investors' fears over the debt situation in...
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China's Problem is an Opportunity for Traders
Friday, May 20, 2011 - 10:04am | 319Read More...China's yuan rose sharply, following an announcement by the Chinese Central Bank that inflation remained "high", according to a report by Bloomberg. The CCB has been waging a battle against inflation for several months now. The annual inflation rate remains persistently above five percent (recent...
