Copper $ 5.497 / lb 1.28%
Brent Crude Oil $ 59.99 / bbl 0.37%
Palladium $ 1782 / ozt 0.22%
Crude Oil $ 56.2 / bbl 0.54%
Natural Gas $ 3.95 / Btu 0.20%
Silver Futures $ 66.04 / ozt 0.96%
Aluminum Futures $ 2940.25 / ton 0.68%
Micro Gold Futures $ 4357.5 / ozt -0.16%
Micro Silver Futures $ 66.015 / ozt 0.91%
Platinum $ 1968.1 / ozt 0.77%
Gold Futures $ 4357.3 / ozt -0.14%
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China flexes monetary muscle

Frik Els | December 03, 2013 | 8:14 pm Base Metals Energy Precious Metals Canada China Europe Coal Copper Iron Ore Lead Nickel Silver 

Data from global transaction services organization, SWIFT show China’s yuan overtook the euro in October to become the second-most used currency in trade finance. The market share of yuan usage in trade finance, or Letters of Credit and Collection, grew...

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