Our Market & Economic Insights - Shock waves from the rumbling Renminbi

Wealth Know How

China sent shock waves through global commodity, interest rate and stock markets last week when it undertook the biggest devaluation of its currency in almost two decades. However, the devaluation was actually not that big – with the People’s Bank of China (PBoC) raising the daily ‘fix’ for Dollar/Renminbi by only 1.9 per cent. So why did the market react so strongly? Watch Now (VIEW LINK)

3 topics

Wealth Know How
Wealth Know How

Wealth Know How offers videos created by experts so that you have ongoing free access to high quality information and knowledge. We source professional specialists across a wide range of relevant and important topics so that you can benefit from...


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.


Please sign in to comment on this wire.