Sunday, July 29, 2012

DailyMarkets.com - What If The RMB Were To Fall?

DailyMarkets.com - What If The RMB Were To Fall?

What If The RMB Were To Fall?

Posted: 26 Jul 2012 12:37 AM PDT

The IMF recently released a report on China that declared the RMB to be moderately undervalued against the USD [emphasis added]:
Currency appreciation continues to be an important component of the package of reforms needed to transform China's economy. A stronger renminbi would increase household purchasing power, help expand the service and other nontradable sectors, boost the labor share of income, and facilitate financial sector reform. The recent widening of the intraday trading band is … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Would You Buy This Stock ?

Posted: 23 Jul 2012 10:54 PM PDT

Once again a great stock has allowed market weakness to give the investor better entry prices.

We maybe entering a soft patch in the risk on markets, yet investors best add this stock to their watch list, as it setting up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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