NEW YORK (TheStreet) -- Phil Streible, senior market strategist at Lind-Waldock, says that gold prices are ignoring news out of China, for now, but that consistent rate hikes could drag on prices over the long term.
Showing posts with label China Rate Hike. Show all posts
Showing posts with label China Rate Hike. Show all posts
Monday, December 27, 2010
Wednesday, October 20, 2010
Impact of China Rate Hike on Commodities
Oct. 19 2010 | The PBOC's rate hike doesn't ring alarm bells about slower growth in China's economy, says Alan Heap, MD and global commodity analyst at Citi Investment Research. He tells CNBC's Oriel Morrison that this move is unlikely to hurt the mainland's demand for commodities.
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