M2 growth slowed to 11.3 percent year-on-year, and the 3-month rolling growth rate fell to 5.2 percent.
The rise in M2 lifted the ratio of M2 to reserves to 50:1, or about 13.8 percent reserves to M2 ratio.
Iron ore rally overshot
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The iron ore bear market rally needs a new spur as steel and margins stall:
Dalian futures likewise look toppy: And coking coal: Steel output is still
ri...
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