Sentences with phrase «yuan devaluation»

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

One development that may have fueled the rising adoption of bitcoin is concerns about yuan devaluation.

China's surprise yuan devaluation on Aug. 11 led to a tightening in liquidity as the PBOC subsequently bought its currency to stabilize the exchange rate and curb capital outflows.

These outflows were driven in large part by yuan devaluation reaching the highest levels since August 2015 and China's skyrocketing debt levels.

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.

But every analysis includes the current situation in China where an uncertain economy and yuan devaluation seems to be causing a marked increase in Bitcoin trading volume.

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

Fed tightening, a Chinese yuan devaluation or economic slowdown, and a renewed slump in oil prices are all risks to the EM story.

«I see this going a lot further,» said Edwards, a global strategist at Societe Generale SA in London who's been calling for a yuan devaluation for at least 18 months.

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.

The move expands the scope of a similar document, seen on Tuesday, in which the central bank said it will require banks to hold reserves on behalf of clients» trading of currency forwards, in a move seen curbing speculation and volatility after a shock Aug. 11 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).

On the other hand, some South Korean officials remain optimistic about the yuan devaluation.

In response to the yuan devaluation, South Korean markets experienced capital outflows.

Bitcoin and ether prices both climbed during the first half of this year, as a number of factors - including rising adoption, yuan devaluation, the «Brexit» and anticipation surrounding the halving of bitcoin's mining reward - helped the two digital currencies rise in value.

In addition to yuan devaluation and the Brexit, one event that generated significant visibility during the first half of 2016 was the halving.

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

The factors led to the bitcoin price increase, according to experts, were the yuan devaluation and the tightening of cross-border capital flows.