Trump Tariffs Show Minimal Economic Impact but Boost Federal Revenue, Study Finds 
Makemation: a Nollywood movie that shows AI in action in Africa 
The four types of dementia most people don’t know exist 
Is dark chocolate healthier than milk chocolate? 2 dietitians explain 
Will a new border deal with the US open a backdoor into Kiwis’ personal data? 
How the war in Iran is already affecting UK farmers and food production 
What does China’s host bid mean for the High Seas Treaty? 
US-Iran Ceasefire Talks Underway: What You Need to Know 
Chinese stock market is the most volatile in the world. At the peak of the crash, 5 day average of realized volatility reached close to 10% for its benchmark stock index Shanghai Composite. It has fallen substantially over intervention but still around 4%, still high compared to global standard
In a bid to better manage its currency, Chinese central bank devalued Yuan resulting in a spill-over of volatility across global market, especially in European equity markets.
- Emerging market currencies along with mining stocks are being hammered all across globe, as fear is rising for hard landing in China. China might be weaker than many had originally assumed and there is a growing risks that in spite of denial by People's bank of China (PBoC), there could be further devaluation even market driven one.
- Chinese devaluation of Yuan for three consecutive days last week, clouded monetary policy and its effect from European Central Bank (ECB) and raised the risk of currency war.
European blue chip index, EuroStxx50 registered substantial rise in volatility. 5 day average of realized volatility has almost doubled, both daily and intraday.
5 day average of daily realized volatility is up from around 1% before intervention to 1.8% as of today and 2 hourly volatility jumped from 0.5% to 0.9%, while the index lost about 8.5% since the intervention.
