Bitcoin Vis-a-Vis Currency Wars
Aug 13, 2015 07:57 am UTC| Digital Currency
The Peoples Bank of Chinasone-off depreciation of the yuan triggered a chain reaction across global markets and all the asset classes amid rising concerns that Asias largest economy is headed for a deeper slowdown. The...
China again devalues its currency pummeling global markets
Aug 12, 2015 15:59 pm UTC| Commentary
China apparently believes if one devaluation is good then two might be better. China is mistaken. Markets like stability, transparency, and predictability making China zero for three in its continued unilateral...
US yields tumble over PBoC’s FX intervention
Aug 12, 2015 12:22 pm UTC| Insights & Views
Peoples bank of Chinas (PBoC) two consecutive days of FX intervention via fix has resulted in sharp rally in bonds which led to drop in Yields. Bond prices and Yields are inversely correlated. PBoC devalued Yuan by 1.9%...
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