...and the AUD just sits there. Now that IS an ominous malfunction.
Refer: China inflation/hall marks of hyperinflation from Bloomberg
"China’s plans to rein in prices include selling state food reserves, stabilizing the cost of natural gas and cracking down on speculation in and hoarding of agricultural products, the State Council said. The aim is to damp food inflation that reached 10 percent in October, more than twice the 4.4 percent headline rate."
took out the Shanghai on China tapping food reserves, may lead to commodity/steel/iron ore reserves.
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