This is another reason why our market is tanking:
http://www.marketwatch.com/story/china-hiking-reserve-ratios-for-some-banks-report-2010-11-09
Basically, tighter lending restrictions = less money available for development = lower demand for raw materials.
- Forums
- ASX - Day Trading
- daytrades nov 10 afternoon
daytrades nov 10 afternoon, page-96
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)