Forex reserves fell by $4 billion USD and increased by SDR 6 billion. Reserves have effectively flatlined for 6 months thanks to intervention of one form or another, and calm financial markets. Nice time to be building bearish positions.
Bloomberg: China’s Foreign-Currency Stockpile Stabilized at $3.2 Trillion
Reuters: China's July forex reserves fall to $3.20 trillion
BHP drunk on Anglo takeover
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BHP going big: BHP is doubling down on its big bet on copper demand growing
exponentially in the global shift away from fossil fuels, with a bold
takeove...
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