As the domain of the Chinese economy continues to expand, so does the influence of their massivecapital flow on global financial markets. Over the next week, Chinese participation in the market will be greatly diminished as traders and investors take pause to celebrate their Lunar New Year: The Year of the Dog. It’s our base case that the biggest impact of the Lunar New Year will be felt on the spot Gold market, followed by the US Treasury Bond market and, by extension, the Forex market. Recent concerns about trade friction between the US and China have resulted in a steady drop in Chinese Treasury holdings, which ... (full story)