Lets talk about whats happening in china. Big trouble in china it seems overnight. Bank fixingentral the yuan a Strange Exchange rate at a lower rate than estimated and that caused ripples of nervousness overnight. That caused the chinese currency to fall. , its point youre making a fiveyear low again. Interventiones and thats what theyre saying in the marketplace. Billion, thats what they are betting that the yuan will fall further. 79 probability it will weaken further and 33 that the yuan will trade above seven for the First Time Since 2008. Latest data is due out thisina at some point morning. Or watching for what it will do to international markets. Globalken the edge off equities since we started this year. 1. 5 . S. Equity market down in yesterdays trading session. Weus more aggressive than saw this time yesterday. Globally 2 trillion worked off Global Equity markets. The dow jones lost 250 points and theres a reverberation. Gaining as you might have expected. The Australian Dol
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