China’s Interest Rates Hike – Expected?

It seems Santa is out to fight inflation. The market has responded unfavorably to the news with Shanghai stock index ending 1.9% lower. Possible implication will spread across the globe with Yen to rise further and dollar to be under greater pressures.

Read more @ http://www.marketwatch.com/news/story.asp?guid=%7B71DE9D36-1175-11E0-9A9E-002…


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