CNBC Worldwide Exchange January 7, 2016
Morning and welcome to Worldwide Exchange on cnbc. What a week to launch a show about the Global Markets. Absolutely right and a great choice of song by the director there. Under pressure. Wall street waking up to another wild market story. Chinese stocks halted for a second time this week. This time trade was suspended for less than 30 minutes after the open. So very short bit of trade today. The main catalyst is the Chinese Central Bank setting the official midpoint rate on the currency at the lowest level since march 2011. It was spt 5 weaker than yesterday. Thats a big move. If biggest dai...