China Devalid News Today

When china devalid the yun yesterday said it was a onetime move. is this the start of a sustained evaluation of chinas currency? nina is live for us this morning. a lot of experts saying, no, this is china trying to protect its exports and economy and worried meaning chinas economy, its growth is slowing faster than we think. what do you make of it? >> very worried this could be the start of an impending currency war where various countries around the world start to bring down the value of their...

Im christine romans. lets get an early start our money this morning. stocks are sinking around the world. asian, european stocks lower. so are u.s. stocks futures again because china devalid its currency the second day in a row. a move seen to boost chinese growth and chinese exports. investors around the world then running away from risky assets like stocks. rushing into safe havens like government debt. they are rushing out of commodities and sinking this morning. aluminum and copper at six-ye...