Tag: China market

forex market crypto news and updates
February 03, 2020 BY Valentina Kirilova

Daily Market News: Investors fled Chinese stocks en masse

Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 3, 2020.  On the first day back trading after the extended Lunar New Year holiday, investors fled Chinese stocks en masse. The Shanghai composite was down almost 8%, thousands of stocks hit their 10% daily limit…

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January 04, 2016 BY Mike Fox

Forex market volatile to begin 2016; Yen soars, equity markets down big

Well, 2016 has started off with a bang. a piece by Patrick Graham of Reuters got some inside quotes from brokers in the trenches as China's yuan currency hit its lowest in more than 4 years in both onshore and offshore Renminbi. The culprit of the volatility? Downbeat Chinese economic data. China's benchmark Shanghai Composite shed 6.9%,…

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