China’s Renminbi Reserve Status

While the International Monetary Fund (IMF) is expected to give the renminbi (yuan) a political victory by including the Chinese currency in the list of reserve currencies, few in the West even understand what this means. Including the renminbi in … Continue reading

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Market Talk – February 23, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 836.52 points or 2.19% to 39,098.68 Shanghai increased 16.52 points or 0.55% to 3,004.88 Hang [...]
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