Asian Market Update: Equities Retreat As China Resumes Weakening Yuan

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 17, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    After two up days, the sellers are back in control once again, boosting safe-haven Japanese Yen, Gold, and Treasuries at the expense of stocks, crude oil, and commodity FX. The rally was already tenuous after the underwhelming deal between top oil producers to merely keep output flat relative to January[​IMG]

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