China Devalid News Today : Breaking News, Live Updates & Top Stories | Vimarsana

When china devalid the yun yesterday said it was a onetime move. is this the start of a sustained evaluation of china's 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 china's 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 currencies to make their good more competitive on the export market. exports have been weak here ...

I'm christine romans. let's 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-year lows and so is oil. crude oil trading around $43 a barrel now. look at that chart. oil output f...