Margin Requirements Double on Yuan Currency Trades; China Recap
January 9, 2016 0

Margin Requirements Double on Yuan Currency Trades; China Recap

By News Desk

Margin Requirements Double on Yuan Currency Trades; China Recap Posted by Michael Shedlock at 6:45 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)

China’s Use of Derivatives to Hide Capital Flight Comes Unglued; Reserves Fall by Record Amount; "Worthless" Certificates of Confiscation
January 8, 2016 0

China’s Use of Derivatives to Hide Capital Flight Comes Unglued; Reserves Fall by Record Amount; "Worthless" Certificates of Confiscation

By News Desk

Chinese capital flight is undoubtedly higher than the Wall Street Journal chart shows. For an explanation, please consider China Finds More Discreet Ways to Support the Yuan . Just because China is burning through its reported foreign-exchange reserves more slowly doesn’t mean it’s losing its commitment to support the yuan.

Washington Quietly Lifts Sanctions on Russian Rockets
January 7, 2016 0

Washington Quietly Lifts Sanctions on Russian Rockets

By News Desk

Popular Science in its article " Congress Moves to Lift Ban on Using Russian Rocket Engines " claims: After Russia invaded Crimea, Congress swore off Russian rocket engines. But its ban on using these rockets to launch military payloads into space was perhaps a bit too hasty. A new bill approved by Congress has found a way to nullify the ban.  United Launch Alliance (ULA), a joint venture of Boeing and Lockheed Martin that has long been the primary contractor for launching Defense Department payloads into space, relies on the Russian-made RD-180