Asian Market Update: Risk-On Theme Abating As PBoC Resumes Weaker Yuan Fix, BHP Cuts...

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 23, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Asian equity markets are lower across the board despite the Monday rally on Wall St, with PBoC's puppeteering of the Yuan reclaiming the driver seat from a rebound in oil prices. PBoC set the Yuan fix at the weakest level since Feb 5th, with the magnitude of change also the[​IMG]

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