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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Crude is trading off slightly

Friday, 15 April 2011 04:51

Crude is trading off slightly in early US trading off the back of a weaker dollar. Benchmark crude was down 22 cents at $107 on the NYMEX at time of writing.

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European stocks were flat

Friday, 15 April 2011 01:37

European stocks were flat as China’s inflation accelerated in March to the fastest pace since 2008, US index futures and Asian shares retreated. Most indexes are up slightly except the Spainish IBEX which is down.

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Ireland’s soverign rating has been dropped

Friday, 15 April 2011 11:12

Ireland’s soverign rating has been dropped from to BAA3 from BAA1, pushing the euro lower and adding to renewed pressure on Euroland’s weaker countries.

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Gold hit another record high on Friday

Friday, 15 April 2011 09:36

Gold hit another record high on Friday after the dollar fell against a basket of major currencies also taking silver to a 31-year high, while inflation pressures in China also helped lift bullion’s appeal

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