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Black Friday


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http://www.zerohedge.com/news/2014-07-31/chinese-stocks-yuan-surge-2014-highs-after-pboc-unleashes-qe

Chinese Yuan Surges & Stocks Jump To 2014 Highs After PBOC Unleashes QE

Quietly, and without the drama associated with The Fed and ECB, China unveiled what looks like QE recently (as we discussed in detail here). Whether this is a stealth creation of a 'fannie-mae' structure to support housing or merely another channel for the PBOC to shovel out hole-filling liquidity is unclear. However, one thing is very clear, demand for CNY is surging (even as the PBOC weakens its fixing) and the Shanghai Composite is surging as hot money chases free money once again...

Perhaps not Black Friday, but assuming the above is true and people know prior to announcements. Could we see a selloff in UK, USA and Europe as everyone dives into China? Property sell off, stocks sell off?

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