Imbalance: Will the Euro benefit from China’s reserve diversification and the FOMC’s upbeat sentiment?
Author: admin | Published: 16 th July 2009 | RSS | LINK

Yesterday China released news that its foreign exchange reserves increased to $2 trillion! This is a gigantic number and I’m surprised why it was all over the news wires and bank reports yesterday but everyone seems to have forgotten it today. Perhaps earnings of big banks like JP Morgan are more important. It’s no wonder [...]

