Macro Events 18th ~ 22nd

Monday, 18 April 2011 06:40

18 April: Singapore March NODX, EMU April consumer conf-prelim, US April NAHB housing market

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China the larger holder of U.S. Treasury securities

Sunday, 17 April 2011 05:24

China the larger holder of U.S. Treasury securities reduced its holdings for a fourth straight month in February a treasury report has shown. China’s position is now $1.15 trillion down by almost 600million.

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The Bank of China indicated on its website today

Sunday, 17 April 2011 03:36

The Bank of China indicated on its website today that reserve ratios will increase to 20.5% from April 21 or a half point increase.

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Gold hits record on speculation

Friday, 15 April 2011 08:52

Gold hits record on speculation that the ongoing crisis in Europe will worsen, enhancing its appeal as an alternative to currencies. Silver touched a 31-year high as well.

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Greece plans asset sales and budget measures

Friday, 15 April 2011 07:33

Greece plans to carry out 76 billion euros in budget measures and asset sales to meet budget deficit goals. Greece will enact 26 billion euros in deficit cuts and 50 billion euros in asset sales through 2015.

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