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Aug 15, 2015

Global stocks end week lower, bruised by China yuan weakness

NEW YORK (Reuters) – Equities on world bourses ended the week lower on Friday after China’s currency devaluation on Tuesday shook investors, though volatility declined late in the week, suggesting markets had absorbed Beijing’s surprising actions.

For the week, the MSCI All World Index fell 0.4 percent, its second consecutive weekly decline. China’s modest devaluation of its currency dominated market activity, as the yuan lost 3 percent on the week, and investors were left questioning whether the move will continue to pressure the Japanese yen and other Asian currencies.

Aug 14, 2015

Stocks end week lower, bruised by China yuan weakness

NEW YORK, Aug 14 (Reuters) – Equities on world bourses ended
the week lower on Friday after China’s currency devaluation on
Tuesday shook investors, though volatility declined late in the
week, suggesting markets had absorbed Beijing’s surprising
actions.

For the week, the MSCI All World Index fell
0.4 percent, its second consecutive weekly decline. China’s
modest devaluation of its currency dominated market activity, as
the yuan lost 3 percent on the week, and investors were left
questioning whether the move will continue to pressure the
Japanese yen and other Asian currencies.

Aug 14, 2015

Stocks set for weekly drop, bruised by China yuan weakness

NEW YORK, Aug 14 (Reuters) – Equities on world bourses were
on track to end the week mostly lower Friday, after China’s
surprise currency devaluation on Tuesday.

U.S. stock indexes edged up, bond yields were little changed
and the U.S. dollar was mixed as the investors pondered the
meaning of China’s modest devaluation of its currency, now down
about 3.0 percent for the week.

Aug 14, 2015

World stocks set for weekly drop, bruised by China’s yuan weakness

NEW YORK (Reuters) – Equities on world bourses were on track to end the week mostly lower at midssesion Friday, after China’s surprise currency devaluation on Tuesday.

U.S. stock indexes were little changed for the session, bond yields were slightly higher and the U.S. dollar was mixed as the investors pondered the meaning of China’s modest devaluation of its currency which is now down about 3.0 percent for the week.

Aug 13, 2015

Currency war fears ease; oil hits six-year low

NEW YORK, Aug 13 (Reuters) – Bond yields rose in major
markets on Thursday after China’s central bank reassured
investors there was no reason for its currency to keep falling,
but oil prices fell to six-year lows on supply concerns.

Despite the renewed calm in markets, the yuan weakened for a
third day and some forecast further declines in the face of a
weak economy, even as People’s Bank of China Vice-Governor Yi
Gang dismissed talk of a deeper devaluation.

Aug 13, 2015

Global shares, bond yields gain as currency war fears ease

NEW YORK (Reuters) – Shares revived and bond yields rose in major markets on Thursday after China’s central bank reassured investors there was no reason for its currency to keep falling.

Despite the calming markets, the yuan weakened for a third day and some forecast further declines in the face of a weak economy, even as People’s Bank of China Vice-Governor Yi Gang dismissed talk of a deeper devaluation.

Aug 13, 2015

Shares, bond yields gain as currency war fears ease

NEW YORK (Reuters) – Shares revived and bond yields rose in major markets on Thursday after China’s central bank reassured investors there was no reason for its currency to keep falling.

Despite the calming markets, the yuan weakened for a third day and some forecast further declines in the face of a weak economy, even as People’s Bank of China Vice-Governor Yi Gang dismissed talk of a deeper devaluation.

Aug 12, 2015

Stocks, yields tumble after China lets yuan fall again

NEW YORK, Aug 12 (Reuters) – Stocks, the U.S. dollar, and
emerging market currencies around the world remained under
pressure for a second day on Wednesday after China’s yuan
weakened again, one day after the country devalued its currency.

Germany’s 2-year yield fell to a new record low of minus
0.29 percent as investors feared the deflationary pressures of a
slowdown in China’s economy would sap growth globally.

Aug 12, 2015

Stocks, yields tumble after China pushes yuan lower again

NEW YORK (Reuters) – Stocks, the U.S. dollar, and emerging market currencies around the world remained under pressure for a second day on Wednesday after China devalued its currency again, boosting the appeal of top-rated government bonds.

Germany’s 2-year yield fell to a new record low of minus 0.29 percent as investors feared the deflationary pressures of a slowdown in China’s economy would sap growth globally.

Aug 12, 2015

Global stocks, yields tumble after China pushes yuan lower again

NEW YORK (Reuters) – Stocks, the U.S. dollar, and emerging market currencies around the world remained under pressure for a second day on Wednesday after China devalued its currency again, boosting the appeal of top-rated government bonds.

Germany’s 2-year yield fell to a new record low of minus 0.29 percent as investors feared the deflationary pressures of a slowdown in China’s economy would sap growth globally.

    • About David

      "David Gaffen oversees the U.S. markets team, having joined Reuters in May 2009. He spent four years at the Wall Street Journal, where he was the original writer of the web site's MarketBeat blog. He is a frequent guest on Reuters TV, and has appeared on CNN International, Fox Business, NPR, and assorted other media and is the author of the book "Never Buy Another Stock Again.""
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