After a RMB 800B new credit by the big 4 in May or $126 Bln China’s intentions behind creating space on China’s Big Four Balance sheets with a securitization program that just takes current loans off balance sheet for sale…
After a RMB 800B new credit by the big 4 in May or $126 Bln China’s intentions behind creating space on China’s Big Four Balance sheets with a securitization program that just takes current loans off balance sheet for sale…
ISM Data leads May markets Election years actually return a fair 2% in each of the summer months according to a latest Bloomberg report as the Go away in May catches up with investors. Meanwhile Chicago and Dallas were down…
A hint of QE can do amazing things for market sentiment. A bad jobs report could have indeed been a positive for the markets with QE3 rumors taking over but the long weekend likely blooted that empotion of tradfers out…
Despite a almost 30% improvement, Bank of China is stilll the worst of the big Four banks in NPLs with 1.8% as its ratio of NPLs five times that of BOCOM and almost 70% higher than AgBank which is #2…
ICBC results a minute ago, would have beaten CCB profits by 38 bln yuan or nearly 23% and AgBank by 86 bln Yuan for a 2011 total of CnY 208 bln in profits or $33 bln with a Q4 Net…
When early last month, China banks reported a 25% Y/Y slowdown to CnY 750 bln or $125 bln it was now so slow if including the Year of the Dragon celebrations and the shortage of Capital at the big banks…
The new LTRO( dole out for European banks to pay their creditors and free themselves up for interbank trading and auctions) is already anticipated as equity markets get used to sweeps of extra liquid cash. Slumping sub prime indices and contracting…
Imports plunged even as domestic policy makers in China continued nodding their head to requests for engendering Domestic demand from trading to a deficit or reducing the trading surplus. Note: The confusion lies in that China becomes stronger with higher…
Since the crisis caught everyone’s fancy in 2008, when Chinese GDP growth also dipped to a significant low, China has been played up as the market maker in almost all commodities. Even before the Dollar started weakening with the exit…
| INDU | 0.00 | ||
| NASDAQ | 3498.965 | ||
| S&P 500 | 1666.29 | ||
| AMZN | 267.63 | ||
| AAPL | 442.93 | ||
| GS | 158.90 | ||
| BAC | 13.51 | ||
| JPM | 52.29 | ||
| UAL | 34.29 | ||
| MCD | 101.54 | ||
| KO | 42.38 | ||
| DIS | 66.12 | ||
| DB | 48.05 | ||
| HBC | 58.61 | ||
| HP | 65.50 | ||
| INTC | 24.08 |