China's foreign-exchange declines while money supply grows

Note: This section contains information in English only.
Source: Bloomberg Businessweek

The People's Bank of China reported today it extended CNY 919.8 billion home-currency loans. Money supply, M2, increased by 13.6%, though the central bank wants to achieve increase of 14% by the end of the year. However, foreign-exchange reserves, the largest in the world, dropped from USD 3.305 trillion in March to USD 3.24 trillion in June. Chinese economy's expansion slowed down from 8.1% in the first quarter of 2012 to 7.7% during the last three months.

Back to articles

Actual Topics

Thu, 12 Jul 2012 15:03:01 GMT

Hong Kong shares plunged as financials edged lower

Hong Kong shares faced the worst day in a month on Thursday, being weighted down by sharp fall in banking and consumer sectors. Hang Seng Index dropped by 2% to trade at 19,025.1. China's banks extended previous losses as worries over  exposure to bad loans added pressure on the Hang Seng Index. China Construction Bank and Industrial & Commercial Bank

Thu, 12 Jul 2012 12:03:59 GMT

UK house prices might not recover until 2024

PricewaterhouseCoopers analysis on housing market in the UK showed house prices might not recover until 2024. Housing market peak was in 2007 when average price for real property stayed at GBP 197 000. Though in June 2012 average house price was equal to GBP 162 417. PwC experts predict that by 2017 prices will recover in cash terms, while by 2020 real term prices will

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.