InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.33
(
0.36%
)
Bitcoin
62,850.45
(
-0.49%
)
Post# of 704570
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Zephyr

Send PM Follow Ignore
Followers 119
Posts 77595
Boards Moderated 4
Alias Born 05/26/2004

Zephyr

Re: dotnet post# 661870

Wednesday, 08/12/2015 9:38:08 AM

Wednesday, August 12, 2015 9:38:08 AM

Post# of 704570
Generally speaking...the devaluation will/is having a negative effect for commodities and currencies. Other than that...there will be some negative pressure that happens short term on stocks but this should not be an extended overall negative on stocks or be "the cause" of an overall correction. We'll see how this shakes out.

reads:

http://news.forexlive.com/!/how-the-pboc-yuan-devaluation-will-impact-different-markets---15-banks-respond-20150812

http://www.cnbc.com/2015/08/11/pboc-fixes-yuan-at-63306-up-16-on-tuesday.html

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up