The Traderszone Network

On Friday the People’s Bank of China set the yuan was set at 94.54 against its basket (a big fall from the previous Friday’s 94.86)
For USD/CNY today, lowest since August 31 (i.e. highest for CNY against the USD)

Ratings agency Fitch says defaults on public bonds by Chinese local government financing vehicles (LGFVs) are becoming more likely
– will probably trigger a repricing of the market
–Note:

As we reported previously, Sunday afternoon’s round of NFL games included players from nearly every team joining the “take a knee” protest during the National Anthem, while many others locked arms in solidarity with players who decided to take a knee, or – in the case of the Pittsburg Steelers – remained in the locker room, and thus weren’t visible to the public.

read more

This article is published in collaboration with Scutify, where you can
find real-time markets a

Final reading to follow in a week or so
September flash is 52.6, prior 52.2
– 4 month high
– Flash Manufacturing Output Index at 53.5 (52.5 in August). Strongest growth for four months

Jared Kushner used a personal email account to communicate with White House colleagues, Kushner’s attorney confirmed.

MORRISTOWN, New Jersey (AP) — President Donald Trump is promising “the largest tax cut in the history of

read more