NewsFeeder
06-27-2018, 05:37 AM
[$$] China leads global stocks lower in fragile trade
“The market volatility in China is being driven by a combination of factors — Sino-US trade tensions, concerns over corporate bond defaults in China and uncertainties to the growth outlook” — Tai Hui, chief market strategist, Asia Pacific, JPMorgan Asset Management. European stocks are falling and China’s equities have faced heavier selling as the international trade dispute leaves sentiment fragile across global markets. China’s renminbi weakened past the Rmb6.6 per dollar mark for the first time in six months, defying expectations that China’s central bank would move to prevent it from falling too far.
https://finance.yahoo.com/m/1aaac47b-d2c8-3250-a57c-52dc9d1f2471/%5B%24%24%5D-china-leads-global.html?.tsrc=rss
“The market volatility in China is being driven by a combination of factors — Sino-US trade tensions, concerns over corporate bond defaults in China and uncertainties to the growth outlook” — Tai Hui, chief market strategist, Asia Pacific, JPMorgan Asset Management. European stocks are falling and China’s equities have faced heavier selling as the international trade dispute leaves sentiment fragile across global markets. China’s renminbi weakened past the Rmb6.6 per dollar mark for the first time in six months, defying expectations that China’s central bank would move to prevent it from falling too far.
https://finance.yahoo.com/m/1aaac47b-d2c8-3250-a57c-52dc9d1f2471/%5B%24%24%5D-china-leads-global.html?.tsrc=rss