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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.

Aug 11, 2015

China devaluation clobbers stocks, dollar gains on forex fear

NEW YORK, Aug 11 (Reuters) – China’s 2 percent devaluation
of the yuan on Tuesday pushed the U.S. dollar higher and hit
Wall Street and other global equity markets as it raised fears
of a new round of currency wars and fed worries about slowing
Chinese economic growth.

U.S. stock indexes slumped more than 1 percent and stocks
also fell in Asia and Europe as investors contemplated the
implications of a move designed to support China’s slowing
economy and exports. The MSCI All World Index of
global shares fell 1.14 percent.

Aug 11, 2015

China devaluation hits stocks, dollar gains on currency war fears

NEW YORK, Aug 11 (Reuters) – China’s 2 percent devaluation
of the yuan on Tuesday pushed the U.S. dollar higher and hit
Wall Street and other global equity markets as it raised fears
of a new round of currency wars and fed worries about slowing
Chinese economic growth.

U.S. stock indices dropped more than 1 percent and stocks
also fell in Asia and Europe as investors contemplated the
implications of a move designed to support China’s slowing
economy and exports. The MSCI All World Index of
global shares fell 1.16 percent.

Aug 11, 2015

China devaluation hits stocks, boosts US dollar on currency war fears

NEW YORK (Reuters) – China’s 2.0 percent devaluation of the yuan on Tuesday pushed the U.S. dollar higher and hit equity markets worldwide as it raised the prospect of a new round of currency wars and fed worries about slowing Chinese economic growth.

Stocks fell in Asia, Europe and the Americas, as investors worried about the implications of a move designed to support China’s slowing economy and exports. The MSCI All World Index .MIWD00000PUS of global shares fell 0.7 percent.

    • 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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