Tuesday, 25 June 2013

And this week China is out of Liquid.....

And following the tone of the last post, we continue the story of the Global Markets for this week and the video below is a FT Emerging China correspondent talk with Wendy Liu of Nomura. They talk about the volatility in the Shanghai Composite index that might have been triggered by China's Central Bank (it seems that all Central Banks are really nervous for the major protagonist roles on the Markets....) hard line. It seems that the hasrd line of the Chinese Central Bank is causing credit glitches...and looking to hard landings...But it might not in the end!

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