{"id":19262,"date":"2015-08-12T05:20:54","date_gmt":"2015-08-12T03:20:54","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/19262\/renminbi-devaluation-triggers-concerns-of-currency-war\/"},"modified":"2015-08-12T05:20:54","modified_gmt":"2015-08-12T03:20:54","slug":"renminbi-devaluation-triggers-concerns-of-currency-war","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/19262\/renminbi-devaluation-triggers-concerns-of-currency-war\/","title":{"rendered":"Renminbi Devaluation Triggers Concerns of Currency War"},"content":{"rendered":"<p>USDCNY continued to move higher on Thursday after PBOC cuts renminbi's (CNY) reference rate by -1.9%. This move has triggered concerns of the revival of a currency war which might deteriorate global economic growth. Market sentiment damped, sending Wall Street lower (DJIA and S&P 500 losing -1.21% and -0.96% respectively.<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=C4QNFmrc7Uk:Kzsx02PU054:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=C4QNFmrc7Uk:Kzsx02PU054:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=C4QNFmrc7Uk:Kzsx02PU054:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=C4QNFmrc7Uk:Kzsx02PU054:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=C4QNFmrc7Uk:Kzsx02PU054:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=C4QNFmrc7Uk:Kzsx02PU054:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=C4QNFmrc7Uk:Kzsx02PU054:l6gmwiTKsz0\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=l6gmwiTKsz0\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=C4QNFmrc7Uk:Kzsx02PU054:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=C4QNFmrc7Uk:Kzsx02PU054:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/OngFocus\/~4\/C4QNFmrc7Uk\" height=\"1\" width=\"1\" alt=\"\" \/><\/p>\n<p>Continued here:\u00a0<br \/>\n<a target=\"_blank\" href=\"http:\/\/feedproxy.google.com\/~r\/OngFocus\/~3\/C4QNFmrc7Uk\/\" title=\"Renminbi Devaluation Triggers Concerns of Currency War\">Renminbi Devaluation Triggers Concerns of Currency War<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>USDCNY continued to move higher on Thursday after PBOC cuts renminbi's (CNY) reference rate by -1.9%. This move has triggered concerns of the revival of a currency war which might deteriorate global economic growth. Market sentiment damped, sending Wall Street lower (DJIA and S&#038;P 500 losing -1.21% and -0.96% respectively. <\/p>\n","protected":false},"author":126,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lightning_design_setting":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19262","post","type-post","status-publish","format-standard","hentry","category-welcome-start-here-tradecrudeoilchatroom"],"_links":{"self":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/19262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/users\/126"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=19262"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/19262\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=19262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=19262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=19262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}