Chinese president Hu Jintao is at the White House today visiting President Barack Hussein Obama to discuss many different issues between our two countries that have been on the table.
The first issue brought up was the value of the Chinese currency, or lack thereof at the moment. More preassure was applied to the Chinese President to allow the value of the yuan to increase against the dollar.
Export deals were also announced to the tune of $45 billion dollars between China and the US, $19 billion of it coming from an aircraft purchase via the Boeing Company.
Keep your eye on the industrials, mainly the PGA’s platinum and palladium….