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默克尔访华将说服中国买账(Merkels visit to China will convince China to buy it)
默克尔访华将说服中国买账(Merkels visit to China will convince China to buy it)
A senior German official said on Tuesday (August 28th) that German Prime Minister Merkel referred to the issue of RMB exchange rate flexibility during his visit to China this week (Merkel).
We cannot rule out the possibility of discussing exchange rate flexibility, the official told the governments briefing.
The official, who requested anonymity, also added that after Chinese investors experienced the Greek debt restructuring losses, they needed to convince China that the euro area was a safe place to invest.
It says Italy and Spain have high bond interest rates, which are attractive to Chinese investors.
The aircraft maker Airbus said it was optimistic that Merkels visit to China was successful in signing an agreement on the sale of aircraft. Airbus Enders, the CEO of Airbus EADS, will join Merkels business delegation to China for Tom.
On Monday (August 27th), an Industry Ministry source said Airbus expects to sell up to 100 A320 aircraft to China during his visit to China with Merkel.
Tuesday (August 28th) the European market, European stock markets rebounded bottom, commodity shock rise, Spain and Italy bond auction debut, Euro stood out against the U.S. dollar rose to 1.2550 above, the euro crosses were higher across other non US currencies rose slightly, the dollar index fell below the 81.50 line.
The Swiss Franc followed the euro rally, with the dollar down 0.96 points against the Swiss franc, hitting 0.9586 lows. AUDUSD broke 1.0380 on the line, and the dollar fell below 0.9890. The New Zealand dollar, pound, yen traded flat, the pound against the dollar was steady near 1.5780, the New Zealand dollar was steady near 0.8080, the dollar was steady near 78.60.
Spains auction of 3 billion 607 million euros of treasury bonds, higher than the planned 25-35 euros. Spain auction 1 billion 674 million euros 3 months treasury bonds, the highest yield of 0.988%, the last 2.650%, subscription rate of 3.35
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