China’s yuan firms as central bank keeps pressure on speculators | Reuters

economic data and sharp falls in oil prices. Beijing will release GDP data for 2015 on Tuesday.

A senior dealer in Shanghai suggested that the RRR move “will help drain yuan liquidity offshore, and will dampen banks’ interest in conducting offshore yuan business”.

“The abnormal stock market volatility has revealed an immature market, inexperienced investors, an imperfect trading system, and inappropriate supervision mechanisms,” Xiao said at an annual meeting. Monday’s move by the PBOC was seen by some as being – at this stage – more of a symbolic warning to banks, aimed at discouraging them from being too active in yuan dealings as part of its broader campaign to deter those betting offshore that the currency will fall.

SHANGHAI China’s yuan rose on Monday as the central bank announced a fresh move to deter offshore speculation in the currency, while stocks rebounded modestly from near levels last seen at the depths of last year’s summer crash.

Ever-contrary, China’s notoriously volatile stock markets opened sharply lower on Monday but reversed course to buck the global trend, with the benchmark Shanghai Composite Index .SSEC and the CSI300 index .CSI300 of the largest listed companies in Shanghai and Shenzhen both edging up 0.4 percent.

After recent jitters about the health of the world’s second-biggest economy, investors took some comfort from data that showed a continuing recovery in the housing market.

Confusion over China’s foreign exchange policy and its commitment to reforms has sparked mayhem in financial markets in recent weeks, as the PBOC allowed the yuan to fall sharply in early January and then moved aggressively to try to steady it.

The People’s Bank of China (PBOC) said it would start implementing a reserve requirement ratio (RRR) on offshore banks’ domestic deposits, in a move that seemed intended to soak up additional liquidity.

“After experiencing the crashes last year, the sentiment is quite vulnerable and pessimistic now,” said Xiao Shijun, an analyst at Guodu Securities in Beijing.

Setting an RRR – requiring banks to hold a certain level of currency in reserves – could tighten liquidity leaving less yuan for banks to lend and so making it more expensive for speculators to bet against it.

China’s central bank tightly manages the onshore market by setting a daily target for the yuan, which is allowed to trade within a 2-percentage point band either side.

Chinese equities had tumbled on Friday, with the Shanghai index closing lower than at any time since December 2014, leaving most investors who put their faith in Beijing’s measures to end last summer’s crash nursing losses.

Global markets have also tumbled in January, with Asian shares sliding on Monday to their lowest levels since 2011 following weak U.S. The central bank had set a firmer tone by raising the mid-point to 6.5590 CNY=SAEC.

A turbulent start to 2016, with currency and stock markets tumbling, has stoked concerns that Beijing’s policymakers are in danger of fumbling as China heads toward its slowest growth in 25 years. His remarks were published on the CSRC website.

China’s major share indexes have lost 16-18 percent so far in 2016, taking them back to around the levels plumbed in August, when the market slumped more than 40 percent in a summer crash.

Xiao Gang, head of the China Securities Regulatory Commission (CSRC), pledged over the weekend to strengthen oversight of the market.

On Friday, the yuan had weakened sharply offshore, opening up a gap of more than 1 percent with the steady onshore market.

SQUEEZING SPECULATION

(Reporting by Pete Sweeney, Samuel Shen and Shanghai and Beijing newsrooms; Writing by Alex Richardson; Editing by Neil Fullick)

China’s currency has fallen around 5 percent since August, and while most analysts expect further weakening the authorities have been loath to allow it to depreciate too fast.

The offshore yuan CNH=D3 was trading at 6.5855 per dollar, around 0.1 percent softer than the onshore spot rate..

“The market sees that this is a gesture by the PBOC to warn speculators that are betting on a fast depreciation of its currency,” said Zhou Hao, senior emerging markets economist for Asia at Commerzbank AG in Singapore.

But sentiment remained fragile, with analysts expecting further turbulence ahead.

The spot market CNY=CFXS opened at 6.5800 per dollar on Monday and was changing hands at 6.5790 by mid-afternoon, 0.08 percent firmer than the previous close

Casino-Gaming :: Why People Like Casinos?

Whether you are sitting in a land casino or at home visiting the virtual world of casinos online, there is always that excitement. Players can feel like they do not have to think about their problems, their stresses, when they are playing a game. Instead they focus on the wins, the strategy it takes to win, and the good times they are having. They are also thinking what they need to do to win. It is about the free money. If you have always wanted to try craps but could never afford the Vegas tables you can enter into a game online. Roulette is another option of online casino games. One, you can play online casino games and win money. The online casino games vary from slot machines and arcade games to variations of table games. By playing five cents one could win a hundred dollars. It would be impossible to list every reason for why people like casinos, but we do have some of the top reasons that individuals find casinos and most importantly online casinos enjoyable. Our first reason is the atmosphere of fun. It is also about playing the best poker players in the world at the online tournaments.

The four reasons we have listed above all center on two things. Enjoyment is always a key to playing online casinos.

There seems to be an inherent sense that games are enjoyable. Craps, baccarat, Texas Hold’em and other games are always available online. You do not just have to play one game.. You can change games whenever you want to. Many of us grow up still enjoying a game now and then. This lucky feeling draws gamblers in every day.

The online casino gambling also gives players a break from reality. If someone is playing the online casino poker they are thinking about what they need to bet. As children, parents offer us different types of games to help us learn things like social skills and to keep us occupied. We are able to buy a lottery ticket, take a chance on the spinning of a wheel, or use strategy to earn free cash.

It is also about meeting people. We have just listed a few.

. In the online casino world meeting people from all over the world is a possibility. Gamblers can play someone in China while sitting in the UK. They can learn about other cultures, other’s lives, and just have a great time. If you are waiting for the bingo call to start you can be playing a slot machine to win a couple of dollars. When we are adults we also get to enjoy the benefits of playing games for money. The fact is there are many reasons why people like casinos. The music that plays or the flashing lights of the online casino slots draw players in.

Some of the gamblers will play online casino slots thinking that luck is on their side; that this once they will hit the button and win the million dollar jackpot

Offshore Betting Lines & Odds

There may be minor differences of a half-point or full point here and there, but an online sportsbook that differs too much from the consensus odds will find themselves getting a large number of bets on one side. If the other online sportsbooks have the Spurs-6 and a sportsbook releases a line of Spurs -4 they will be hit with big  money on the Spurs. For many years offshore bookmakers set their initial lines based on those created by the large Las Vegas sportsbooks, but there has been a reversal in that trend and now the larger online sportsbooks are setting the initial lines and Las Vegas is following suit. Instead of the decimal odds of 2.25, American bettors will be able to choose the more familiar moneyline odds of +125.. Decimal odds of 2.25 means that a $100 bet would pay out $225 total.

Offshore odds are the betting lines that are posted at offshore betting establishments such as online sportsbooks. Decimal odds present a number that is multiplied by the original bet to give the total payout (wager plus winnings).

The majority of online sportsbooks will look to see what odds the other online sportsbooks have and follow suit. If the online sportsbook released Spurs-8, a large majority of the bets would come in on the underdog.

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One thing to keep in mind when reviewing offshore odds is how they are presented will differ from sportsbook to sportsbook depending on the intended audience. Many online sportsbooks targeting European bettors will show their odds as decimal odds as opposed to fractional odds, such as 2/1 odds, which is what is familiar for most American bettors. Some of the bigger online sportsbooks have limits that exceed the standard bets accepted in Las Vegas.

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The majority of sportsbooks do post odds in “American” format and many of those which also target European bettors will allow customers to view odds in the manner that is most familiar to them

Horse Racing Betting Strategies and Tips

To keep things fun and not risk too much money, most beginners make $2 bets.

To place a $2 Win bet on horse number 7, you would say, “<Track Name>, $2 to Win on Number 7″.

Box Bet – Any of the above bets can be boxed for an additional wager. For example, instead of paying $2 for an Exacta bet that requires the horses to finish in an exact first and second place order, you can pay $4 for an Exacta Box bet, and you will win the Exacta bet regardless of which of the two horses comes in first.

Trifecta Bet – A bet on the exact first, second, and third place finishers in exact order.

Place Bet – A bet that the horse you chose will come in second (a place bet is also a winning bet if the horse you chose comes in first).

Daily Double Bet – A bet on the first place finishers in two consecutive races.

The reason why you need to start out with the <Track Name> is because you can bet on horse races at many tracks from the horse track you are currently at, so you need to specify the track to the betting clerk.

. Across The Board Bet) – Bets on the first, second, and third place finishers; each act as a separate bet.

Once you have taken the time to look over the racing program and the professionals’ advice, it is time to start figuring out which bets you would like to place for the upcoming race. The point is to have fun, not to go home without money you need to pay your bills. Never bet more than you can afford to lose.

Win Bet – A bet that the horse you chose will win the race.

The following is the correct way to place a bet with a betting clerk:

Show Bet – A bet that the horse you chose will come in third (a show bet is also a winning bet if the horse you chose comes in first or second).

Win, Place, and Show Bet (a.k.a. At this point, some people like to spend some time on the paddock to see the horses being walked from the stable to the track, as it adds to the horse racing experience and occasionally one might notice something about a horse that influences the way they bet, such as a horse that appears sluggish or one that seems like it is in exceptional shape.

Exacta Bet – A bet on the exact first and second place finishers in exact order.

To place a $2 Exacta Box bet on horse 2 and 5, you would say, “<Track Name>, $2 Exacta Box on Numbers 2 and 5″ (keep in mind that this is actually a $4 bet since you are boxing the bet).

While there are a variety of bets, the following are the most common bets, and are more than enough for beginners

20 Crazy NBA Facts You Never Knew About

The Toronto Huskies claim the honor. But Barkley missed. Yes, we’re serious.

A lot has been said about the Miami Heat’s crazy-long winning streak this season. No, we’re not talking about the 20,000 women he claimed to have slept with. Wilt holds the record for most rebounds in a single game at 55, set back on November 24, 1960.

Air Jordan is widely considered the greatest basketball player of all time. The second-most embarrassing sports injury in NBA history goes to Drew Gooden, who saw his 83 consecutive game streak come to an end due to infected leg hair follicles. He handed out 30 of them against the Denver Nuggets on December 30, 1990.

It turns out Cleveland really does rock. Barkley was actually cut from the high school team in his freshman and sophomore years. That would make for one long, grueling NBA game. He actually went to med school.

Vince Carter was a drum major in high school. That went to Hakeen Olajuwon.

You don’t need to be tall to be a first-round pick. So it might come as a shock that he wasn’t the first overall pick in the 1984 draft. We’re talking about scoring 2000 points in a single season. Yup. But we are talking about rebounds here. Jokes. Any guess who got picked sooner? Erick Dampier, Todd Fuller, Vitaly Potapenko, Lorenzen Wright, Kerry Kittles, and Samaki Walker. And Chamberlain. Not now with his post-NBA career. Another fan, who was verbally assaulting Barkley, was the target of his saliva. But tendinitis? That’s some hardcore Tetris.

Only two teams in the original NBA teams still exist today. But we suppose it would improve beer sales in the stands.

Orlando Magic guard Scott Skiles holds the record for most assists ever in a single game. Impressive, right? What’s more shocking, though, is that his Pistons actually lost the game. But he wasn’t the first. They followed a 10-game losing streak with a 10-game winning streak, sliding their way into the playoffs.

Playing in the NBA is everyone’s dream, but not necessarily for Pau Gasol of the Lakers. Seriously? Eyestrain, we totally get. Or honour, for our Canadian friends.

Wilt Chamberlain has scored a lot. Seriously.

Manute Bol claims to have killed a lion with a spear. It was the fifth game–the deciding one no less–of the first round of the 1984 playoffs against the New York Knicks. Every NBA sports betting online enthusiasts knows that honor goes to Canadian James Naismith, who invented the sport back in 1891. He ended up befriending the girl, offering her tickets to future games.

As we approach the NBA playoffs, you can expect some history-making to happen. But in high school? That’s a different story. Every other original team has either moved or folded since the league started up.

Think the Toronto Raptors and Vancouver Grizzlies (clearly not in Vancouver anymore) were the first Canadian NBA franchises? Think again. Means absolutely nothing.

It definitely doesn’t suck to be Charles Barkley. In fact, he slipped beyond the first dozen, coming in at number 13. On December 17, 1993, The Cavaliers crushed the Miami Heat 148-80. New York took it.

Kobe Bryant wasn’t a top-10 pick. We’re talking about things like, “which NBA player had the balls to spit on a young girl, out with her family to watch a basketball game?” Or, “How did the Nintendo Game Boy change NBA history forever?”

Want the answers? Read on for 20 interesting NBA facts you never knew.

. That would be the Boston Celtics and the New York Knicks. He only played two years of high school basketball.

Speaking of Charles Barkley, he once spat on a young girl by accident. But we’re guessing they were two great years. Muggsy Bogues is the smallest NBA player in history, standing tall at 5’3″.

Isiah Thomas once scored 16 points in 94 seconds. And not during his time setting records in the NBA. Hopefully, no PlayStation injuries, though.

Think you know NBA history? No, we’re not talking about things like who invented basketball. For real.

The most embarrassing sports injury? That has to go to Lionel Simmons of the Sacramento Kings back during the 1990-91 season. At 7’7″, the lion likely mistook him for a giraffe, at least that’s what we assume. But the Phoenix Suns have an impressive streak of their own back in the 1996-97 season. Either way, sucks to be that lion.

Jump balls actually used to happen after every basket. That record was first stamped by George Yardley, who managed to net 2001 points playing for the Detroit Falcons back in the 1957-58 season.

Speaking of rebounding from woman to woman… That’s the game with the NBA’s largest margin of victory ever in history.

Wondering what the “T’ in Shawn “T” Kemp stands for? So do we. Apparently, it’s fake. He was sidelined with wrist tendinitis for playing his Nintendo Game Boy too much

Sports Betting Blogs | Best Sports Betting Site

As bettors and fans, most of us , had watched all of the games, been to some of the stadiums and made a lot of bet on all popular and not that popular markets. In my experience as a trader, I always preferred to trade live games, not just changing odds for pre- match compiling of figures and stats. But …

Good morning, dear punters. Levski are in crisis, not capable to overcome Maribor from Slovenia after two draw games. Even some of the home team Ultras went in front of the hotel of the Bulgarians and flamed piro effect, which was very cowardice and mousy thing to do. As from now on, I will be giving you some of my tips as per the odds of betfair.com There are actually 3 bookmakers …

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Good evening, dear readers and friends. Good morning to all, as we are all now keen in expectations of starting of the new season in Premier League. Destiny loves to play jokes with us, in the previous round the boys of Jurgen Klopp had made the decent game, winning at Anfield 4-3 against Borussia Dortmund , after the result was 3-1 in the 55 minute of the second game. The theme of today theme is another. It is nice when there are plenty of football games to watch and to bet on. I will give my best to direct you to winning outcomes and happy …. Those two teams met in the last final of the European Finals. But lets try to stick to the main line of the post – the top 4 European countries and their Football Championships:   England – actually , I like most watching football from Italy , but this season was a great surprise what have happened there on the Albion. The good manager can leave a permanent sign, a trace for all the next generation of fans, managers and football players all around the continent. Today I will add one more. My odds provider and betting partner William Hill is serving us some good odds on nice games tomorrow. To clean the dust and take everything in order is not such an easy process. I want to see and read  who is standing on the other hand of the monitor, who you are and why you come back or you never return. All of us are happy because the UK Premiership had started yesterday. We have been in all the epicenter and now we are expecting Euro 2016 Finals in France. First game in Razgrad ended 2-2 and no one convinced the visiting squad to be the winner after the second game, which has been expected to be played against 50 000 fanatic fans of the Serbian team. But this is football and that is why we love it so much and love to bet on it… Soon I will try to give you tips on another sports( I am currently thinking which should be the right ones for all of us ? ). In such cases  , I leave you the free choice to take the direction, which you think should be a correct one. I feel it , like a special place, where I would like and I am doing my best to share with you all the experience I have in betting and in different sports. His glory will reach the most far away parts of our planet, just before you could pronounce his whole name. I am convinced it will be a perfect one as one f the best games of this Euro 2016 tournament is about to be played later on. They wanted to scared the “eagles”, but ….. I am actually fan of Levski Sofia, this is my team and this is where my heart belongs to.

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Hello all ,it is me again. It has been a long time since my last post. When two teams from the same country have won the top tournaments in one sport, there should be no other parallel. This post will be about one of the …

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Good day  , dear friends. Weekend is a special place and time, for us – bettors, punters and sports traders. Not only stars, but players and people who have changed and are currently changing the history of football. Yes it is also about the spread and immense influence over the fans and normal people. It will be a very interesting and intense weekend, especially when we will be about to watch and get thrilled …

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Good morning, dear fans. How do you feel today ? What will your best bet be on the upcoming FA cup games? I would like to ask you so many questions. The football program for today is very rich and intensive, but these two games have gathered my attention. Yes, I know now are the Olympics going Rio , but my focus is elsewhere. I decided to play , make a little questionnaire with you – my readers and visitors. My main sympathy goes to UK, Premier League and Italy , Seria A. One of them was the match between Crvena Zvezda – Ludogoretz. There has been a lot if interesting moments and game during the past weekend. If it is not, I am always open and friendly to take someone on the board of my space ship. I want to make this blog better with your help. I have promises you in some other article , not long ago that I will focus my efforts on 2 games. Sometimes people do not like to get a figure pointed and the right direction. But now I am here and I am about to give and expand the best of me. Legends and remarkable gladiators, …

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Goo day , dear tipsters, bettors , handicappers or just devoted fans. You are on the right place, with the best predictions on football. It is the end of the football season in all the top 4 European leagues and I feel obliged , I have to say few words about the Champions an the runners up.  Maybe Liverpool were very close to ruin that Spanish SuperCup Final, but Sevilla just made a remarkable turn-about. Since I was a very little boy at the age of 10 , I liked watching Italian football, because of the passion on the stands-fans chanting all the 90 minutes and because all the legends , I have watched – Vialli, Baresi, Donadoni, Nesta, Veron, Bepe Signori , Gabrial Batistuta, Maldini, Schilaci, De Livigho, Nedved, Diego Armando Maradona,Crespo, Roberto Baggio and many more ? Lets take a rest from the Italian football and get concentrated on what we are about to bet and watch today. When you say Italy and Spain are playing , you figure out fast in your mind such names as : Casillas, Buffon, Di Maria, Baggio, Baquero, Guardiola, Vialli, Maldini, Donadoli, Paolo Rossi and many other. When …

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Good evening , dear friends. Audience, public, fans and people who have …

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Hello, dear friends. When you see the names of the teams in the header, I guess the first thing that occurs in your mind is – total Spanish dominance. England does not have a good national team, but the UK, Premier League is one of the best Championships around the globe, not only in Europe. You saw and read in the heading of the article – immortal powers.. My happiness will be a 100 % sure,when Seria A season in Italy will also be promoted, but this will happen very soon ( 6 days now). I have prepared for you 2 games. You may think that this is about the players of the wish for dominance, both giants in sports do have and had. Everyone has it is own world, but we have a lot in common sports and bookmakers offers on different matches in all king of sports. The coaches which have that power as the Roman Emperors did back in the days. The section great football derbies on the blog has been covered with dust for a period of 6 months. One team, who was close to relegation , played several seasons ago in the Championship, had pointed out and …

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Hello, dear beloved fans of betting, sports addicted men and women and just visitors of this blog. Do not get me wrong, I like also to watch football from Germany , Spain and France, but my main focus and betting experience is focused on Italy and England. Yesterday night we saw several nice games from the Champions League elimination round, one phase before the true games for entering the Group stage. I call it space ship, because we are travelling in the world of bets , sports, live betting and of a recognition of good and noble bookies, which deserve our attention and money. Mala Marakana expected this game for a days now. We, as a sports betting society and team of men and women, searching for the most appropriate outcome, are kind of a strange birds. Unfortunately Italy lost, but other team of Spain was simply hard to be beaten. They have the good faith of the owners of the clubs to invest, hire, demolish or raise -up teams . Tomorrow we be a great game to come.  Somehow in the top Championships in football, in these both countries the competition is balanced between …

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Good day to everyone. Everyone is free to chose, the most suitable bookie from the banners in my blog. The main fever and how to say, the light of the cameras is always concentrated on the main figures in the top 5 teams, the managers. A game that had everything in it. A whole week labor and effort , may come to a great winning conclusion of the week, even if your team has not taken the needed 3 points or missed the chance to score in the last minute of the game