Commodity Trade Mantra

Posts Tagged ‘Chinese New Year’

China’s Love for Gold: You Ain’t Seen Nothing Yet

China & India lead the world in gold demand. This Chinese New Year is no exception. Official “Year of the Ram” gold coins sold out days ago & since the beginning of Jan, withdrawals from Shanghai Gold Exchange grew to over 315 tonnes, exceeding the 300 tonnes of newly-mined gold around the globe in the same period.

China's First Default Is Coming: Here's What To Expect

With a large volume of trust products scheduled to mature this year, who bears the losses in the event of a default could set an important precedent. Policymakers may see, the default of a trust in current circumstances, as having less risk of contagion than some other shadow banking products.

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