Harbin is located in northeastern China. This is whole town made out of snow and ice and it is also called Ice-made Disneyland.
It covers more than 400.000 square meters and it is built of 120.000 cubic meters of ice and 100.000 cubic meters of snow.
You can find there hotels, bars, football and golf playing fields and all of that is made out of ice and snow. It is hard not to wonder how this investiment can be profitable if all of this is going to melt in summer.
Dollar was able to eek out small gains on a quiet Asian session ahead of Fridays labour figures. Gains we insignificant as the Greenbakc traded largely flat against its major pairs. USD/JPY yielded for the session, taking a break from its previous two significant green Asian sessions.
The other major pairs will be impacted heavily by the outcome of the NFP data on Friday, and as such trading is cagey on these pairs. Eurozone situation was stamped into focus again today as Iceland continued their refusal to budge on repayment agreement for historic defaults with UK and Netherlands.
The broad picture for the Greenback against its major partners as we head to the Asian close is as follows: EUR/USD 1.4397/99 (-0.07%), Swissy 1.0288/92 (+0.13%), Cable 1.6002/05 (-0.09%), USD/JPY 92.26/26 (-0.05%).