Currency Move News Today

Are saying they want a december rate hike as well. before the meeting. >> shepard: china backed off last night. do we know why? >> the saying that parents will sometimes say, its going to hurt me more than you are whatever the case may be. china is a position where i can make this kind of currency move and it helps on the export side but of the same time, theyre going to be places where it falls into trouble when the currency is so weak. for example, servicing debt, bringing its purchasing power...

Our recovery here. the second one are these tariffs and retaliatory tariffs that create issues for countries especially that have bad debt problems. turkeys problems are essentially its own. were rubbing a little salt in the wounds here perhaps. >> hows the market going to take this? because theres always been concern that a trade war could result in a currency war. we talk about it often. remember, trump loves to say that china is a currency manipulator. we have watched the currency move a lot....

Related to global economic stab gt. >> it means you, your money and opportunities here and around the world for people to grow those. on the global to-do list, financial regulation here and abroad and coordinating it. and containing the debt woes that are plaguing europe and threatening to spread around the world. how to coordinate economic recovery and also, ali, china. an issue that may have been pushed down this week from china. >> yeah, that they are going to let their currency move. lets st...

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