All major US stock indexes rose more than 1.4% on Thursday as China set the yuan's fixing price at a stronger level than analysts and investors expected, which allayed worries around a further trade-war escalation. China also said its exports grew 3.3% in July from the same month last year, bouncing back from a 1.3% decrease in June and easing worries of a slowdown in global trade from tariffs.
All major US stock indexes rose more than 1.4% on Thursday as China set the yuan's fixing price at a stronger level than analysts and investors expected, which allayed worries around a further trade-war escalation. China also said its exports grew 3.3% in July from the same month last year, bouncing back from a 1.3% decrease in June and easing worries of a slowdown in global trade from tariffs.
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Källa: CNBC - 🏆 12. / 72 Läs mer »
Asia stocks take comfort in China trade data, yuan fixAsian shares were trying to rally on Thursday as Beijing reported better trade n... *One* fix or Yuan? Stocks can take comfort? Do they also purr? I wouldn't know, since like most folks I invest my money in food, gas, and housing.
Källa: Reuters - 🏆 2. / 97 Läs mer »
Asia Pacific stocks set to trade mixed as investors await Chinese yuan fixStocks in Asia Pacific were set to trade mixed on Wednesday as investors awaited the setting of the daily fixing of the Chinese yuan by the People's Bank of China (PBOC). The silliest thing I think I've heard today. Someone is sitting around to find out the Yuan fix tonight? Really? And tonight's fix does what? What about tomorrow nights? Or how about a month from now?
Källa: CNBC - 🏆 12. / 72 Läs mer »