Posts Tagged ‘credit’

AUDUSD Breaks .8700 as Risk is Off the Table

by Christopher Lemieuxon January 24, 2014 5:43 am BST
The Australian dollar fell below .8700 per dollar as market participants take risk of the table as analysts compounding the recent Chinese data see future slowdown. China is Australia’s largest trading partner, and many analysts see a Chinese slowdown could negatively impact Australia’s economy. “The Aussie is very sensitive to perceptions of risk,” said Joseph […]

Chinese Cash Crunch: The New Normal

by Christopher Lemieuxon January 20, 2014 8:26 pm BST
Chinese repurchase rates are increasing again in the midst of another cash crunch with banks hungry for more spoon fed credit. The People’s Bank of China (PBOC) has backed itself into a corner by saying it will no longer support the increasing growth in speculation and debt by handing out free money, yet it continues […]

Markets Look Towards Communist Meeting for China’s Future

by Christopher Lemieuxon November 6, 2013 7:12 am BST
The markets are looking towards the Communist Party meeting in China on November 9 thru the 12 to address the slowdown in the Chinese economy after decades of rapid, double-digit growth expansion. The central planners are in need of both economic and social reform in order to stabilize China’s future. It is expected that the […]

Treasury Yields and Credit Swaps Increase Following the Fed

by Christopher Lemieuxon October 31, 2013 1:56 am BST
Treasuries fell and pushed the 10Y treasury yield up from three-month lows after the Federal Reserve released their FOMC minutes. The Federal Reserve held steady at $85 billion in bond purchases monthly as were the expectations. Government debt had rallied from the lows with an auction of $29 billion of seven-year notes that received the […]