CNBC Worldwide Exchange January 8, 2016
Good morning and welcome to Worldwide Exchange. Its been a wild week for the markets and a little bit of respite coming today. Lets get you up to speed on what happened while you were sleeping. China suspend its market Circuit Breaker system set the yuan midpoint higher as well for the first time in nine days. Reuters is reporting that chinas Foreign Exchange regulator ordered banks to limit purchases of u. S. Dollars for the rest of the month. Chinese stocks rising about 2 . A lot of wild swings in the first 30 minutes of trading and the rest of asia didnt fair too well. It was pretty mixed. ...