China Devalues the Yuan for a Second Consecutive Day
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China Devalues the Yuan for a Second Consecutive Day

“The late rout in Chinese stocks appears to have knocked sentiment in Europe this morning”.

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Gold struggles as US rate hike looms
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Gold struggles as US rate hike looms

Speaking of the surging U.S. dollar, prominent Canadian economist David Rosenberg recently noted that the…

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Most Chinese Stocks Decline After Index Rises to Three-Week High
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Most Chinese Stocks Decline After Index Rises to Three-Week High

China’s main stock index remained relatively resilient through the volatility that followed the yuan’s devaluation,…

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China’s yuan posts biggest weekly loss on record
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China’s yuan posts biggest weekly loss on record

China weakened its currency for the third consecutive day Thursday, but financial markets that had…

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China: Shanghai shares up 0.55% in morning trade
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China: Shanghai shares up 0.55% in morning trade

The move has prompted falls across Asian stockmarkets, with the Shanghai Composite index down 1.06…

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US stocks end mixed
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US stocks end mixed

But China’s growth has slowed and Beijing devalued the yuan this week to calm domestic…

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China rushes to calm fears over plunging yuan
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China rushes to calm fears over plunging yuan

“This action is both an endeavour to make the yuan more plausible, credible candidate to…

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Wall Street stocks slide on weak China data
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Wall Street stocks slide on weak China data

Stocks fall on weak Chinese economic data
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Stocks fall on weak Chinese economic data

U.S. stocks closed higher Monday, with the Dow Jones Industrial Average surging more than 200…

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Asian stocks head for nearly seven-month low as yuan tumbles
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Asian stocks head for nearly seven-month low as yuan tumbles

Monday’s close still has the index in bear market territory, 24.1% below the June 12…

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