“Global Times” said China may gradually reduce its holdings of US debt
China’s “Global Times” quoted a Shanghai University professor last Thursday (3rd) as saying that if Sino-US relations continue to be tense, China may gradually reduce its holdings of US debt. However, the article did not specify a timetable. In fact, if Sino-US relations continue as they are now, I believe everyone can imagine that sooner or later the central government will be forced to reduce its holdings of US debt. But this time it was proposed by the “Global Times”, which made everyone more aware of the seriousness of the situation and that the relevant situation may have occurred earlier.
This week the European Central Bank and the Bank of Canada will discuss interest rates
In addition to the European Central Bank’s interest rate meeting, the Central Bank of Canada will also discuss interest rates this Wednesday. Maintaining the interest rate unchanged at 0.25% is expected by the market. However, in response to Fed Chairman Powell’s “average inflation target” at the World Central Bank Bankers’ Meeting at the end of last month, the market estimates that at the central bank’s interest rate hike meeting this week, the Canadian central bank may also change its inflation target to follow suit the pace of the Fed. If the Bank of Canada really takes action, it will not rule out putting pressure on the Canadian dollar. Because this will mean that local inflation can return to 2% a day, and the Bank of Canada will not stop its loose monetary policy. It is recommended that investors who are interested in the Canadian dollar pay close attention to the interest rate hike meeting of the central bank this Wednesday.
—————————————————————
Z. com Bullion is an affiliate of GMO Financial Holdings, Inc., a Japanese listed group. The risk of loss in leveraged foreign exchange trading & margin trading can be substantial. Visit the company website to read full risk warning. https://bullion.z.com/en/about/legal/risk/
场外式黄金/白银交易由 Max Online 提供。 场外式黄金/白银交易涉及高度风险,未必适合所有投资者。 高度的杠杆可为阁下带来负面或正面的影响。 场外式黄金/白银并非受证券及期货事务监察委员会(「证监会」)监管,因此买卖场外式黄金/白银将不会受到证监会所颁布的规则或规例所约束,包括(但不限于)客户 款项规则。 阁下在决定买卖场外式黄金/白银之前应审慎考虑自己的投资目标、交易经验以及风险接受程度。 可能出现的情况包括蒙受部分或全部初始投资额的损失,或在极端情况下(例如相关市场跳空)产生更多的损失。 因此,阁下不应将无法承受损失的资金用于投资。 投资应知悉买卖场外式黄金/白银有关的一切风险,如有需要,请向独立财务顾问寻求意见。