Currency Move News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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, it's 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, they're going to be places where it falls into trouble when the currency is so weak. for example, servicing debt, bringing its purchasing power and buying power debt. china and the central bank is very well aware that it's got to dance on a ...

Our recovery here. the second one are these tariffs and retaliatory tariffs that create issues for countries especially that have bad debt problems. turkey's problems are essentially its own. we're rubbing a little salt in the wounds here perhaps. >> how's the market going to take this? because there's 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. >> that's right, it's a great point. the issue is that once we put up tariffs, other country's ...

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. let's start with tough financial regulation. the president arrived in toronto this weekend with a major con...

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