China has devalued its currency following weak trade data over the last few days.
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) |
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| 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) |
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| 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) |
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| 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) |
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| 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 |
