Wednesday, August 12, 2015

News About The Chinese Yuan


Certainly the recent changes in the value of the Chinese Yuan are going to upset the markets for a few days and force people to re-evaluate their trading strategies.

Below are a group of articles that I have located and they offer some insights as to what may be coming in future days as currencies are being adjusted worldwide.

I will update this in a few hours as more articles appear and effects of the Yuan devaluation take hold.






Oil steadies as bullish IEA balances Chinese yuan slide - Reuters
http://news.google.com Wed, 12 Aug 2015 10:11:30 GMT
ReutersOil steadies as bullish IEA balances Chinese yuan slideReutersChina is the world's biggest oil consumer after the United States and a weaker yuan erodes Chinese purchasing power for dollar-denominated imports like oil, potentially reducing fue ...

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China's yuan devaluation turns up heat on Asia - CNNMoney
http://news.google.com Wed, 12 Aug 2015 04:29:52 GMT
China's yuan devaluation turns up heat on AsiaCNNMoneyChina's surprise decision to devalue its currency is turning up the heat on the rest of Asia. The yuan has fallen roughly 3.5% over the past two days following a move by the People's Bank of China ...

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China Roils Markets for Second Day as Yuan Tumbles With Stocks - Bloomberg
http://news.google.com Wed, 12 Aug 2015 01:39:16 GMT
BloombergChina Roils Markets for Second Day as Yuan Tumbles With StocksBloombergChina's yuan tumbled, sparking the biggest two-day selloff in regional currencies since 1998 and fueling concern that financial-market volatility will curb global economi ...

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Q&A: What yuan devaluation means for China, other countries - Yahoo Finance UK
http://news.google.com Wed, 12 Aug 2015 03:36:23 GMT
Yahoo Finance UKQ&A: What yuan devaluation means for China, other countriesYahoo Finance UKFILE - In this March 15, 2012 file photo, a Chinese woman poses for photos near a sculpture depicting a Chinese yuan note at an art district in Beijing, China. ...

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Dollar Falls as Yuan Move Clouds Fed Outlook - Wall Street Journal
http://news.google.com Wed, 12 Aug 2015 05:00:04 GMT
Dollar Falls as Yuan Move Clouds Fed OutlookWall Street JournalThe dollar tumbles against the euro and yen as the outlook for tighter Fed policy gets murkier for investors after China's currency adjustment hits the yuan for a second day. Investors ar ...

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Chinese yuan slides further after major devaluation - Reuters
http://news.google.com Wed, 12 Aug 2015 09:20:10 GMT
ReutersChinese yuan slides further after major devaluationReuters4:55am EDT - 01:48. The yuan continued its fall a day after China devalued the currency to possibly help prop up the slowing economy, and both investors and market watchers are still tr ...

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Has China's Yuan Move Put Global Rate Hikes on Hold? - Bloomberg
http://news.google.com Wed, 12 Aug 2015 10:42:45 GMT
Has China's Yuan Move Put Global Rate Hikes on Hold?BloombergGlobal markets are feeling the effects of China's yuan devaluation amid concerns that volatility will impact global growth. Bloomberg's Jonathan Ferro and Tim Craighead discuss the potentia ...

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Rupee Sinks to 2-Year Low on Yuan Devaluation, Very Close to 65/Dollar - NDTV
http://news.google.com Wed, 12 Aug 2015 10:22:49 GMT
NDTVRupee Sinks to 2-Year Low on Yuan Devaluation, Very Close to 65/DollarNDTVChina on Wednesday allowed the yuan to fall sharply for a second straight day. The People's Bank of China had billed Tuesday's move as a free-market reform but experts susp ...

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