macro

Michael Pettis: China central bank governor blames trade protectionism for global imbalances - Traders Union

―

DW NOTE

The PBOC blames Western tariffs for global imbalances while running a $600 billion current account surplus and holding the yuan 15% below its pre-2015 level. China didn't accumulate $3 trillion in reserves by accident — it got there by suppressing domestic consumption and writing export subsidies into the tax code.

Read the full story at Traders Union →

Kuwait’s crude oil exports have rebounded to about 1 million barrels per day (bpd), recovering to two-thirds of the 1.6 million bpd shipped through the Strait of Hormuz before the Iran war, according to a senior official at state-owned Kuwait Petroleum Corporation (KPC). Kuwait has managed to ramp u

Gold SWOT: Large asset managers are rebuilding their gold positions following price pullback - KITCO

Sovereign Debt: The Secret of Gold That Governments Don't Tell - WEEX

Michael Pettis: China central bank governor blames trade protectionism for global imbalances - Traders Union

Read more

EM debt fares well amid US Treasury selloff - EnterpriseAM

Gulf Producers Find Workarounds As Hormuz Tensions Persist

Gold SWOT: Large asset managers are rebuilding their gold positions following price pullback - KITCO

Sovereign Debt: The Secret of Gold That Governments Don't Tell - WEEX