CHINA STOPS HELPING EURO

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Zero Hedge
Chinese Stocks Plunge, Asia At 4 Year Lows But PBOC Currency Intervention Pushes US Futures HigherOnce again, China was faced with the unpleasant task of deciding which asset cl
Chinese Stocks Plunge, Asia At 4 Year Lows But PBOC Currency Intervention Pushes US Futures Higher
Zero Hedge / Posted a month ago
Once again, China was faced with the unpleasant task of deciding which asset class to intervene in: its plunging stock market, or its currency. It chose the latter, and as a result after a turbulent start the Shanghai Composite sank by 5.3% to close... Read more
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