PBOC says devaluation is a one-off event. Analysts see a move toward market-based determination of currency value, or a destabilizing skirmish in the global currency war.
PBOC says devaluation is a one-off event. Analysts see a move toward market-based determination of currency value, or a destabilizing skirmish in the global currency war.
Despite ongoing uncertainty about the timing of the U.S.'s first interest rate increase in nine years, futures traders are now more concerned about the timing of further increases coming in 2016.
Despite ongoing uncertainty about the timing of the U.S.'s first interest rate increase in nine years, futures traders are now more concerned about the timing of further increases coming in 2016.
