This week on “Money talks”: Donald Trump accuses China of being a “currency manipulator”, how yield curves help predict growth and recession and life in a city without Uber
after the Chinese currency “po qi” or “cracked 7” against the US dollar— a psychologically significant value—for the first time in over a decade. How will this escalation of the US-China trade war affect global markets? Also, how useful are.
after the Chinese currency “po qi” or “cracked 7” against the US dollar— a psychologically significant value—for the first time in over a decade. How will this escalation of the US-China trade war affect global markets? Also, how useful areIndonesia Berita Terbaru, Indonesia Berita utama
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Yuan pulls off lows, yen falls as Beijing seen curbing fresh yuan lossesThe offshore yuan pulled back from an all-time low on Tuesday after Beijing appe...
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US declares China a currency manipulator, says it's using yuan to gain 'unfair advantage' in tradeChina added its currency to the weapons it is willing to use in the trade war, and now it's up to President Trump to make the next move.
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Wall St. sinks as yuan slide inflames U.S.-China trade disputeWall Street suffers worst day in 2019 as yuan drop heightens U.S.-China trade war fears
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Stocks Close Sharply Lower as Yuan Reels and Trump Jabs at ChinaStocks were pummeled by selling, pushing indexes from New York to Shanghai lower, as the yuan slid and fresh trade threats between Beijing and Washington raised fears of an economic slowdown.
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Fear a Weak Yuan, but No Repeat of the Last China CrisisIt’s rare that anything labeled as a psychologically important level in markets actually matters. But seven yuan to the dollar—breached on Monday—really does.
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Trump Says Weaker Chinese Yuan Is ‘Called Currency Manipulation’(Bloomberg) -- President Donald Trump said the latest decline in the yuan is “called ‘currency manipulation”’ and indicated he’d like the Federal Reserve to act to counter the Chinese action.“China dropped the price of their currency to an almost a historic low,” Trump tweeted Monday. “It’s called ‘currency
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