Post Profile

Bonds & Bullion Bid, Stocks Skid As China Currency Collapse Continues

The storms are coming... For the 11th day of the last 12, the Yuan has weakened to fresh 6 year lows for Offshore... And the effects are starting to ripple through markets. US equity futures show the desperate effort to pump stocks green around the US open... with an ugly close Small Caps clung to unch as much as possible but major indices ended lower led by Trannie weakness.
read more


Related Posts

Equity Futures Rise After Oil Rebounds From 12 Year Lows; US Markets Closed

Business & Finance : Zero Hedge

In the aftermath of the latest Chinese near-panic intervention to keep its currency from an out of control collapse when as reported yesterday, the PBOC announced it would raise the RRR for offshore Yuan deposits, a move which would...

Stocks, USDJPY Plunge After Dismal China Trade Data

Business & Finance : Zero Hedge

Following an unexpected plunge in China's trade balance (to 6 month lows), US equity futures and USDJPY are tumbling as Yuan turmoil ripples through markets once again. Misses across the board in China trade data... China Yuan Expor...

China Devalues Currency Most Since August, Offshore Yuan Crashes 5 Handles, Dow Futures Tumble

Business & Finance : Zero Hedge

Following the collapse of offshore Yuan to 5 year lows and decompression to record spreads to onshore Yuan, The PBOC has stepped in and dramatically devalued the Yuan fix by 0.5% to 6.5646. This is the biggest devaluation since the ...

Global Markets Turmoil After China Extends Currency War To 2nd Day - Devalues Yuan To 4 Year Lows

Business & Finance : Zero Hedge

Chinese stocks opened lower, extending yesterday's losses, after The PBOC weakened its Yuan FIX dramatically for the 2nd consecutive day (from 6.1162 Monday to 6.2298 last night to 6.3306). Offshore Yuan fell another 9 handles again...

US Equity Futures Plunge After China Dumps Yuan

Business & Finance : Zero Hedge

Dow futures are down over 100 points from the cash close, testing the lows of the day following carnage in the Chinese currency markets. Despite the biggest drop in onshore Yuan since August devaluation, Offshore Yuan has collapsed ...


Copyright © 2016 Regator, LLC