International Monetary Fund Will Not Include Yuan in Reserve Currency Basket Until October 2016
August 22, 2015
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Business

International Monetary Fund Will Not Include Yuan in Reserve Currency Basket Until October 2016

Global markets spun into turmoil, even though the yuan stabilized. China strictly controls its currency…

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Flight To Safety Sends Gold Up To 4-Week High
August 21, 2015
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Business

Flight To Safety Sends Gold Up To 4-Week High

Although agreeing that the economy was nearing a point where rates should move higher, Fed…

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5 factors that could forestall a Fed rate hike in September
August 21, 2015
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Business

5 factors that could forestall a Fed rate hike in September

“The focus was clearly on the perceived change of tone in the Fed“, Bill O’Neill,…

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China stocks slip amid global market weakness, concerns over China’s economy
August 21, 2015
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World

China stocks slip amid global market weakness, concerns over China’s economy

Like George Soros who sold his stocks to Alibaba an e-commerce giant more like Chinese…

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Stock market endures worst day in 18 months
August 21, 2015
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Business

Stock market endures worst day in 18 months

Macroeconomic pressures including oil price losses were the main market drivers forcing the indexes lower…

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China stocks plunge after days of instability
August 20, 2015
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Business

China stocks plunge after days of instability

Those fears prompted a wild ride on China’s Shanghai Composite Index, which plunged as much…

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China throws the Fed a curve ball
August 19, 2015
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Business

China throws the Fed a curve ball

‘Most judged that the conditions for policy firming had not yet been achieved, but they…

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China Devalues the Yuan for a Second Consecutive Day
August 18, 2015
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Business

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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Yuan opens weaker, but stronger than central bank midpoint
August 18, 2015
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Business

Yuan opens weaker, but stronger than central bank midpoint

That has put the market focus back on a looming US rates increase. The complex…

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[Editorial] Devaluation of yuan
August 18, 2015
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Business

[Editorial] Devaluation of yuan

To express its commitment to the transformation of China’s economy, the Xi Jinping administration went…

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