Iron Ore FT.com/Barclays Capital Interactive Map
Very nice presentation of iron ore dynamics. Link.
Archive for November 11th, 2009
U.K. Printing Press
Bank of England released its Inflation report. Report suggests that “inflation may exceed 2% target in 2012”. Bloomberg story: Bank of England Lifts Forecasts for Inflation, Growth. Is it just me, or it sounds, let’s say, impossible for a country running budget deficits around 12% of the GDP in this and next year; with central […]
China Loan Expansion Slows
A lot of economic announcements from China today. So, let’s start. China’s industrial production rose 16.1% in October from a year before following 13.9% rise in September. The export decline slowed to 13.8% in October (year-on-year). If we adjust for holidays, it was down only 9.1% . The trade surplus rose to 23.99 billion USD […]