Moves

Hong Kong gets commodities exchange

Revealed at a press conference yesterday, the HKMEx is expected to start trading its inaugural fuel oil contract in the first quarter 2009.

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The Chinese yuan is:



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Overvalued versus the dollar
  19%
 
Undervalued versus the dollar
  49%
 
At fair value versus the dollar
  32%
TOTAL VOTES: 59
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Consumer-bank distributors speak
Hedge funds: the next generation