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Sign up with Google Sign up with FacebookQ: What should China New Years Eve resolution be?
Devalue Yuan moar, and send shivers around the globe....
icnif77:
Here We Go Again: China Halts Trading For The Entire Day After Another 7% Crash
Submitted by Tyler Durden on 01/06/2016 - 20:25
icnif77:
New day of Chinese NY resolution:
Global Stocks Crash After Spiraling Chinese Devaluation Unleashes Worldwide Chaos And Selling
Submitted by Tyler Durden on 01/07/2016 - 07:34
Once China set the Yuan fixing some 0.5% lower, the biggest drop since the August devaluation, all hell broke loose and unleashed a global selling panic after China's stock market was promptly shut down less than 30 minutes into trading, then European shares dropped the most in more than 4 months as Asian equities plunges, as did US stock futures, the dollar weakened against the euro and the yen; crude plunged to fresh 12 year lows. Gold rose
icnif77:
Something Just Snapped: Rand Crashes, Yen Surges, Dow Futures Tumble
Submitted by Tyler Durden on 01/10/2016 - 17:38
China ripples may be turning into tsunamis. As FX markets creep open, something serious must have snapped. The South African Rand just crashed 10% - the biggest single-day drop since Lehman - to new record lows. At the same time, carry trades are being unwound en masse, smashing USDJPY down to 116.75 (strongest Yen in a year). Somebody do something!!!
The same as mine and probably everyone who makes New Year resolutions...
Whatever last year's resolutions were, but resolve to actually stick to them this year.
Devalue Yuan moar, and send shivers around the globe....
icnif77:
Here We Go Again: China Halts Trading For The Entire Day After Another 7% Crash
Submitted by Tyler Durden on 01/06/2016 - 20:25
icnif77:
New day of Chinese NY resolution:
Global Stocks Crash After Spiraling Chinese Devaluation Unleashes Worldwide Chaos And Selling
Submitted by Tyler Durden on 01/07/2016 - 07:34
Once China set the Yuan fixing some 0.5% lower, the biggest drop since the August devaluation, all hell broke loose and unleashed a global selling panic after China's stock market was promptly shut down less than 30 minutes into trading, then European shares dropped the most in more than 4 months as Asian equities plunges, as did US stock futures, the dollar weakened against the euro and the yen; crude plunged to fresh 12 year lows. Gold rose
icnif77:
Something Just Snapped: Rand Crashes, Yen Surges, Dow Futures Tumble
Submitted by Tyler Durden on 01/10/2016 - 17:38
China ripples may be turning into tsunamis. As FX markets creep open, something serious must have snapped. The South African Rand just crashed 10% - the biggest single-day drop since Lehman - to new record lows. At the same time, carry trades are being unwound en masse, smashing USDJPY down to 116.75 (strongest Yen in a year). Somebody do something!!!