home their gold reserves has been raising concerns in Brussels. RT talked to Claudio Grass of Precious Metal Advisory Switzerland to understand what’s behind that trend. According to Grass, the process means disintegration, which usually comes with instability, unrest, more government intervention and control. “The central banks started the repatriation already a few years ago,...
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PetroYuan Futures Open – Over 10 BillIon Notional Trades In First Hour
After all the preparation, all the expectation, cheerleading and doomsaying, China’s Yuan-denominated crude oil futures contract began trading tonight and appears to be off a good start with well over 10 billion yuan notional traded within the first hour. So far it has tracked WTI futures well, trading at around a $2 premium to WTI...