The Traderszone Network

Big-spending Chinese tourists fear their wings will be clipped if Tuesday’s shock yuan devaluation develops into a deeper dent in their spending power.

A piece from the ever-excellent Matt Levine at Bloomberg:
Why Not Insider Trade on Every Company?
It seems the news flow out of Asia, and much of the price movement, has dried up … so go ahead, read this, its great (IMO).

Asian stocks and commodities extended losses on Wednesday, feeling the aftershocks of China’s surprise devaluation of the yuan.

China’s central bank set the yuan’s reference exchange against the dollar largely in line with where the currency last traded, reflecting Beijing’s pledge to let market forces dictate the currency’s future direction.
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A weak opening on the Shanghai Composite has nearly been erased … more or less flat now:
News flow from China has pretty much ceased since the early yuan-fixing flurry

Hillary Clinton is turning over to federal authorities the private computer server she used to handle her emails when she served as secretary of state, an unexpected move and an attempt to quash ongoing concerns that her unorthodox approach included insufficient safeguards to protect government secrets.
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