$USDCNY $USDCNH: Market Extra: What China’s central bank’s latest move means for the yuan

Date: Monday, August 6th, 2018

Stock(s) mentioned: ,

Source: MarketWatch (http://www.marketwatch.com)

Summary: The People’s Bank of China changed its currency risk reserve ratio on Friday, a move analysts interpret as Beijing’s displeasure over a sliding currency and proof that China isn’t weaponizing the yuan exchange rate.

Full article address: http://www.marketwatch.com/news/story.asp?guid=%7BCDB40088-998F-11E8-BCE0-32FEB11335A1%7D

Latest News:

$TSLA $TROW $FNF $MCO: Musk Thrusts Tesla Holders Into Legal, Financial Limbo as SEC Probe Goes Formal

$JCP $LOW: Jim Cramer on JCPenney: No One Knows What They Are

$USDHKD $USDCNH $USDCNY $SPX: Market Extra: China shores up the yuan, soothing devaluation fears

$WMT $AMZN $KR $DJIA $DJIA: Walmart same-store sales grow at fastest pace in 10 years as e-commerce spending climbs

$FB $TWTR: How we choose real and fake news

$TSLA $SPX $DJIA: Tesla is on track for ‘steady’ Model 3 production, analyst says

$DXY: Trump Today: Trump Today: President attacks Boston Globe after wave of critical editorials

$COST $CRM $DPZ: Jim Cramer on How Companies Benefit From Helping Stakeholders

$WMT: Jim Cramer Breaks Down the Dramatic Changes Happening at Walmart

$BTCUSD: CryptoWatch: Bets against bitcoin have doubled since the beginning of August, exchange says

$WMT $JCP: Jim Cramer on the Stock Market Rebound, Walmart, Amazon and JCPenney

Related News:

$USDHKD $USDCNH $USDCNY $SPX: Market Extra: China shores up the yuan, soothing devaluation fears

$USDTRY $EURTRY $EURUSD $USDCNY: Market Extra: 3 reasons why the selloff in Turkey’s lira matters to global markets

$DXY $GBPUSD $USDCNY $USDCNH $USDJPY: Currencies: British pound hits one-year low; Trade war evident in China data

$DXY $USDCNH $USDCNY $USDTRY: Currencies: Dollar dips ahead of jobs report

$RUT $NDX $USDCNY $TYU8: Trump is foolish to think China will back down from a trade war

$DXY $AUDJPY $USDCNY $USDCNH: Currencies: Dollar edges higher with the Fed and trade worries back in focus

$EURUSD $DXY $USDCNY $USDCNH: Currencies: Dollar edges lower ahead of U.S.-EU trade talks