The Traderszone Network

– Buyers  1.1140/45 then 1.1100, Some stops mingled below 1.1120
Currently 1.1146

Comments from the Bank of Korea
– Growth in emerging markets including China has continued to slow
– Fed’s possible monetary policy shift and devaluation of China’s yuan are risks
to global growth
On the home front:

With China already stoking fears in The South China Sea (and now entering the currency war) and Japan re-militarizing (and having led the currency war for years) it appears tension within Asian nations is escalating.

read more

Asian shares and the dollar crept higher in early trade on Thursday, with investors cautiously watching China’s next move after it allowed the yuan to decline for two straight sessions.

USD/CNY trading in a volatile fashion, up around 6.42
Earlier: People’s Bank of China (PBOC) sets yuan mid-point  reference rate today 6.4010
–     Prior fix (Wednesday) was at 6.3306

NVIDIA seems to be readying a graphics processor that should extend its lead in the gaming notebook market.

China stocks opening indications – Shanghai Composite to open down 0.4%
– CSI300 to open down 0.2%