Chinese currency devalued

Chinese currency devalued

Chinese currency devalued China has devalued its currency following weak trade data over the last few days. The country’s central bank made the move which saw that yuan drop 1.6 per cent against the US dollar and cause a ripple effect across other Asian currencies. The main Shanghai stock index also declined in early trade before paring losses. 
 
  Latest 1 month ago 1 year ago
 
North America (previous session)
US Dow Jones 17,615.17 (+1.39 per cent) -0.82 per cent +6.41 per cent
TSX Composite 14,466.39 (-1.14 per cent) +0.38 per cent -5.21 per cent
 
Europe (at 6am ET)
UK FTSE 3,640.85 (-0.67 per cent) +0.27 per cent +0.88 per cent
German DAX 11,463.70 (-1.22 per cent) +1.31 per cent +24.87 per cent
 
Asia (at close)
China CSI 4,066.67 (-0.43 per cent) -0.97 per cent +71.93 per cent
Japan Nikkei 20,720.75 (-0.42 per cent) +4.76 per cent +36.95 per cent
 
Other Data (at 5.40am ET)
Oil (Brent) Oil (WTI) Gold Can. Dollar
50.04(-0.73 per cent) 44.63 (-0.73 per cent) 1112.50 (+0.76 per cent) U$0.7659