Sentences with phrase «chinese yuan devaluation»

There was also a fair amount of bad news baked into the price of stocks at the beginning of 2016 that never materialized (a U.S. recession, Chinese yuan devaluation and crash in oil prices, for instance).

These risks include the downside ones of a Chinese yuan devaluation and a U.K. exit from the European Union, as well as the upside risks of an emerging market rebound or a moderate rise in inflation expectations on improving growth prospects.

U.S. markets rebounded following the Chinese yuan devaluation shock because cooler heads prevailed, analysts told CNBC on Thursday.

Not exact matches

That said, Tal goes on to write that there's a «clear sense of urgency» among many Chinese citizens to send their money out of the country because of a risk of a devaluation of the yuan.

Ironically, the selloff of U.S. stocks began a few weeks ago because of weakness in the Chinese economy, the devaluation of the yuan, and stock market turmoil in the Asian nation, which led to serious concerns about a global economic slowdown.

Higher income consumers are also expected to rein in spending after seeing their stock portfolios oscillate, due to the turmoil in the global stock markets following the devaluation of the Chinese yuan and the Federal Reserve's decision to hold off raising interest rates.

The global stock market rout of the past week was sparked by concerns over a possible interest rate rise by the U.S. Federal Reserve and not by the devaluation of China's yuan currency, a senior Chinese central bank official told Reuters on Thursday.

The recent turmoil in Chinese stocks and the devaluation of the yuan have something in common.

Yet another working day, another devaluation for the Chinese yuan.

Moreover, the gradual appreciation of the yuan continues, meaning that the Chinese are also taking losses on their holdings of U.S. Treasuries due to dollar devaluation.

The Chinese yuan has undergone several rounds of devaluation this year, which increased bitcoin buying pressure in the CNY / BTC markets.

There are many Geo - Political influences on the Bitcoin price such as Brexit, President Donald J Trump in office 2017, European Elections, Chinese economy and devaluation of the Yuan, India's demonetization and hyperinflation in Venezuela to...

Well, another way for the Chinese to both protect their Yuan denominated assets from devaluation, and effectively «short» the Yuan, is to convert a portion of their Yuan into Bitcoin.

Past yuan devaluations have had a positive impact on Chinese bitcoin exchange trading volumes and the price of bitcoin.

The Bitcoin price rose nearly 130 % in 2016, spurred on by political instability in several countries and the devaluation of the Chinese yuan, among other factors.

Looks like Chinese buying due to weakening economy and Yuan devaluation.