Sentences with phrase «about yuan devaluation»

Not exact matches

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.

China apparently reassured most of the group that there was nothing malicious about its devaluation of the yuan last month.

Their August losses, coming as fear about China's falling stock market and yuan devaluation hit world markets, suggest that many other hedge funds will also show heavy losses for the month, and even the year.

While Zcash grabbed the lion's share of attention this week, bitcoin enjoyed a 9 % gain as market dynamics and concerns about China's continued devaluation of the yuan pushed prices higher.