China’s currency fell to a 10-year low Monday.
in response to the Chinese yuan falling to its lowest value in 10 years, an event President Trump called “currency manipulation.
”China historically controls its currency, and it allowed the yuan to fall below a benchmark of 7 against the dollar on Monday., the yuan’s weakening signaled China’s desire to retaliate against Trump for increasing tariffs on its goods.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Stock market news: August 5, 2019U.S. stocks followed global equities sharply lower Monday morning after China suggested it was weaponizing its currency in its latest salvo in the U.S.-China trade war.
Weiterlesen »
There’s a lot more to the stock market’s slide than Trump and trade warsThere’s a lot more to the stock market’s slide than Trump and trade wars, says yardeni
Weiterlesen »
Amazon stock suffers longest losing streak in 13 yearsShares of Amazon.com Inc. sank in afternoon trading Monday, putting them on track to suffer the longest losing streak in 13 years, as the triple threat of...
Weiterlesen »
Markets Right Now: Dow plunges 800 as trade war flaresNEW YORK (AP) — The latest on developments in financial markets (all times local): 2:30 p.m. Stocks are plunging on Wall Street after China let its currency sink to the lowest level in...
Weiterlesen »
Stocks plunge around the world as US-China trade war worsens, threatening global economy; Dow sinks 800 points, or 3%Stocks plunge around the world as US-China trade war worsens, threatening global economy; Dow sinks 800 points, or 3%
Weiterlesen »