Tuesday, August 11, 2015

Wednesday's News Links

[Bloomberg] China Is Sending An Ominous Message To Junk Bond Buyers

[Bloomberg] China Roils Markets for Second Day as Yuan Tumbles With Stocks

[Bloomberg] Yuan Tumble Tests China’s Free-Market Resolve as PBOC Intervenes

[Reuters] Germany Views Third Greek Bailout Package as Insufficient-Bild

[Bloomberg] Europe Stocks Fall Most in Two Weeks as China Sparks Growth Fear

[Bloomberg] Ruble Drops to Six-Month Low as Sberbank Warns of China Risks

[Reuters] INSIGHT-China c.bank under pressure to weaken yuan further -sources

[Bloomberg] China’s Yuan Move Worsens Policy Bind for Asia’s Central Banks

[Bloomberg] Yuan Drops in ‘Vicious Cycle’; China's Central Bank Gives Market More Sway

[Bloomberg] Yuan Hurts Junk Bonds of China’s Builders With Most Dollar Debt

[Reuters] Exclusive-China Steel Exporters Cut Prices in Bid to Jump on Yuan Drop

[Bloomberg] Ringgit Weakens Beyond 4 Per U.S. Dollar for First Time Since 1998

[Bloomberg] China’s Bonds Set for Biggest Two-Day Decline Since May on Yuan

[NYT] Currency Move by China Clouds Its Policy Goals

[Bloomberg] Citigroup: Something Big and Fundamental Has Changed in Markets

[Bloomberg] Ukraine Says Troops Face Intensified Assault as Unrest Worsens

[Washington Post] China parade will mark victory over Japan — and put neighbors in a bind

Tuesday Evening Links

[Bloomberg] Yuan Set for Biggest Two-Day Drop Since 1994 as China Central Bank Devalues

[Bloomberg] Asian Stocks Head for Almost Seven-Month Low as Yuan Tumbles

[Bloomberg] China's Yuan Move Could Reignite Asian Currency Wars

[Bloomberg] Brazil’s Credit Rating Cut One Level by Moody’s to Cusp of Junk

[Reuters] Yuan cut clobbers markets, rekindles fear of forex war

[Bloomberg] Currency Rout Goes Global as Jen Sees Risk of 50% Loss on China

Tuesday's China-Related Links

[FT] China steps up currency war with dramatic renminbi devaluation

[WSJ] China’s Yuan Move Sets Up Showdown With Traders

[Bloomberg] China Rattles Markets With Yuan Devaluation

[Reuters] China's big-spending tourists pause at stores as yuan drops

[Bloomberg] China Rattles Markets With Yuan Devaluation

[Bloomberg] Chinese Stocks Decline as Yuan Devaluation Spurs Outflow Concern

[Bloomberg] Yuan Slide Slams Emerging Nations as Stocks Head for Bear Market

[Bloomberg] One of China's Most Popular Trades May Be Coming to an End

[WSJ] Yuan Devaluation Worsens Debt Woes for Local Governments and Companies

[Bloomberg] Yuan Move Threatens to Add $10 Billion to China Inc.’s Debt Bill

[FT] China’s dollar debts come under pressure

[WSJ] China Move Sparks Wave of Yuan Selling

[WSJ] Yuan Move Could Prompt Other Devaluations

[Reuters] Spread between onshore and offshore yuan widens to biggest since Sept 2014

[Bloomberg] Yuan Devaluation Ripples Across Asia as Currencies, Metals Drop

[Bloomberg] China Auto Sales Fall to 17-Month Low Despite Price Cuts

[FT] China's shadow banking sector collapsed in July