Live Breaking News & Updates on Libra Denham

Lets start with the huge sell off currently taking place on global stock markets, which over the past 2a hours have seen their biggest falls since 2018. In the us, the dowjones and s p 500 both fell by almost 3 on monday, and tech heavy nasdaq was down by 3. 5 . Investors are concerned about the latest developments in the trade war between washington and beijing. A few hours ago the white house officially called china a currency manipulator after a sharp fall in the value of the chinese yuan against the dollar. It passed the seven per dollar level for the First Time Since 2008. Nervy investors have been pouring their money into safe haven assets as a result, with gold futures currently trading at a six year high, hovering around the 1,500 level. Lets get more now from samira hussain, who sent us this report from new york. It is clear that investors here on wall street were spoke by chinas moved to devalue its currency. Us
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