WALL STREET warning comes as the Yuan fell 1% – the second day the Chinese central bank devalued the currency to prop up its economy.Β Yesterday’s 1.9% devaluation was a record. Figures released over the weekend showed exports had fallen 8% adding to fears the world’s second largest economy was heading for a slowdown.
APPLE, YAHOO, CATERPILLAR AND GM COULD BE HIT BY CHINESE CURRENCY DEVALUATION #China #WallStreet
12 Wednesday Aug 2015