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1.Market Observations, 8.Was Sticky

4 Feb 2017 (AFR) – China lifts interest rates for the first time in six years, threatening commodity rally

(4 February 2017, AFR, p11, by Angus Grigg)

‘China’s central bank has raised a key lending rate for the first time in six years, signalling stronger efforts to contain credit growth in a move that could dent the year-long rally in commodity prices. The surprise decision on Friday morning, after the week-long Chinese New Year holiday, will see the seven-day repurchase (repo) rate increase by…’

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