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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.31

+0.6%

Nov 7 4:00 PM EST

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To: TobagoJack who wrote (71674)	3/10/2011 3:29:36 AM
From: Snowshoe	Read Replies (1) of 217635

Looks like the new 5-year plan is working... China Reports Unexpected Trade Deficit as Export Growth Cools By Bloomberg News - Mar 9, 2011 9:30 PM GMT-0900 bloomberg.com Yuan forwards dropped after today’s release as investors pared bets on the appreciation of China’s currency against the dollar. Premier Wen Jiabao aims to spark domestic demand and reduce the role of exports in the economy through wage increases, rather than the exchange-rate gains sought by the Obama administration. “Today’s data will help Wen to defend China’s yuan policy during the press conference that will close the annual meeting on the National People’s Congress in Beijing,” said Liu Li-Gang, an economist at Australia & New Zealand Banking Group in Hong Kong who formerly worked for the World Bank. Wen’s briefing is on March 14.

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