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发表于 21-8-2009 01:02 PM
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还不大大力short....
China Set to Raise Bank Capital Requirements, May Be Dollar Positive
Friday, 21 August 2009 03:34:24 GMT
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Written by Luis Gil, DailyFX Research
Chinese banks may be required to hold a greater portion of their assets in cash reserves to meet tighter new standards, the China Banking Regulatory Commission said in a rule change drafted today. To meet the 12% requirement banks will need to sell off shares or tighten lending. Growth in China's benchmark equity index, which has surged 60% since the start of the year, will likely suffer if this measure goes through. Fears of a resurgence in global risk aversion may lead share selling on a broader level by investors throughout the world. As risk rises, traders will likely look toward the significantly safer U.S. Treasury bond as a safe-haven asset. Since these fixed-income securities are denominated in dollars, the greenback will likely rise on such demand. Japanese Yen, which has been correlated with risk selling, will likely benefit for the mean time. The currency rose as much as 0.5% to 93.47 in the minutes following the news. |
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