Policy of yuan. Occurrence of essential progress of yuan even if rate of increase disappointed some American politicians. Yuan progress has shown a maximum in second half of last week, having promoted with 6,69 to 6,64 this month. On the person more and more signs that the Chinese officials become more and more democratic after statements from PBOC that the Bank studies introduction of yuan for foreign investments into China. There are also other steps of China which have led to decrease in dependence on dollar in trade in financial tools, but will pass a lot of time before the yuan becomes reserve currency.
About gold. Gold has felt "weariness" signs on Friday, having fallen from the level located on an outstretched arm from $1,400. Earlier we wrote about a parity between gold and real interest rates, and that it assumes movement to $1,400. Real interest rates have sharply fallen last week, and many investors have paid attention to the securities protected from inflation as expectations of the further purchases of actives from party FRS have grown.
Translate this page
