With futures markets predicting property-price falls of up to 30% and the pain spreading beyond mortgages, the bottom may be months away.
期货市场的财产价格预期会下跌30%，痛苦会向次贷以外蔓延，底线也许会在数月之后。These markets have no uptick rule, and the number of short positions always equals that of longs.
期货市场没有上涨做空法律，而且空头仓位和多头仓位一样多。The surge in trading volumes is all the more remarkable because Beijing has imposed rules to keep inexperienced investors out of the market.
鉴于中国政府已颁布法规，禁止经验不足的投资者涉足指数期货市场，这种交易量的飙升就显得更为惊人。The renminbi continued to advance in the futures market yesterday as pressure on China to let its currency appreciate intensified.
随着人民币面临的升值压力加剧，昨日期货市场对人民币的升值预期继续攀升。A futures market where the price difference between delivery months reflects the total costs of interest , insurance , and storage.
交割月份之间的差异反映了利息，保险，仓储的总成本的一个期货市场。"We're trying to avoid a lot of the inefficiencies of the futures markets, " says Eldred Buck, the fund manager.
“我们试图避开期货市场的诸多无效性，”基金经理埃尔德雷德•巴克（EldredBuck）表示。This will prepare you for the day when your account grows big enough or the market grows quiet enough for you to jump in.
这样，当你的账户足够大或某个期货市场变得足够平静时，就可以很有准备地进入交易了。But offshore trading in dong futures is pricing in a further devaluation of around 30% within a year.
但是在海外的越南盾期货市场里，越南盾将会在一年内贬值30%左右。He admits that there is a link between the company's shipping activities and its position in the paper market.
他承认，公司船运活动与其在期货市场上的头寸之间存在联系。