USDollar & Stock Futures Dive As Offshore Yuan Spikes To 4-Month Highs

USDollar & Stock Futures Dive As Offshore Yuan Spikes To 4-Month Highs Tyler Durden Mon, 07/06/2020 - 21:16

China's offshore yuan extended its spike in early Asia trading, pushing back below 7/USD - its strongest vs the greenback in almost four months...

That triggered weakness in the dollar...

US equity futures are tumbling back from early gains...

And gold is bid...

What is China doing?

https://ift.tt/2AA0EAC
from ZeroHedge News https://ift.tt/2AA0EAC
via IFTTT

USDollar & Stock Futures Dive As Offshore Yuan Spikes To 4-Month Highs