Eyes are on the yuan for a potential devaluation as a way to retaliate against US tariffs. It's a major risk that Deutsche Bank has highlighted, with 7.30 as a line in the sand.
WSJ China correspondent Lingling Wei writes:
That's a bit of a coded message and a threat I suspect.
This article was written by Adam Button at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Top leadership in Beijing is not considering a yuan devaluation 'for now' - WSJ )
Also on site :
- Tech moguls who grinned behind Trump at inauguration lose billions in wake of his tariffs announcement
- Bomb threat reported at Aurora’s Liberty Middle School
- As markets melt down, Trump touts $5m gold card for wealthy immigrants (featuring his face)