MCR 0.52% 96.5¢ mincor resources nl

china deval .....

  1. 3,607 Posts.
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    currency wars mk2 .........

    "another way" to stimulate demand ......when you cant (wont) borrow more .......

    has HUGE implications .........

    *DJ Australian Dollar Falls Further After China Announces It Decided to Devalue Yuan
    11/08/2015 11:52AM AEST

    (MORE TO FOLLOW) Dow Jones Newswires


    http://www.zerohedge.com/news/2015-...y-futures-oil-bond-yields-sliding-gold-spikes


    makes "aussie property" more expensive .......and may "remove" the china buyer .......

    will be rather entertaining to see "how" the USA responds ........

    could be a neat "exit" strategy for china ??????????????

    rgds
    Value_Hunter
 
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