China and Emerging Markets

More press reports from China suggest a counter bid for Rio Tinto is a high probability.

Ongoing tightness on the supply side is putting upward pressure on coal prices and analysts have reacted by lifting estimates for coming years.

The Dow fell 237 points last night to wipe out the illusive, thin air movement on Friday.

Saturday’s election result was not much of a surprise, but what effect will a Labor government have on financial markets?

The US, Europe, UK and China all report monthly CPIs this week, while a wealth of economic data may answer some recession questions in the US.

The Dow plunged 360 points last night on a number of issues, the most prevalent being the same old story – financial sector woes.

Is gold just a US dollar story? Things may look different in different currencies.

Asia called the Dow down 2% yesterday but got only 0.4% last night in another volatile session.

China is encouraging its banks to take stakes in foreign institutions, while over in Africa China’s resource interests grow.

Danske Bank suggests market speculation of a revaluation of the Chinese currency is justified as such a move makes sense, even though it is unlikely to occur in the short-term.