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China Points to Weaker Yuan

08 August 2019 Maria Gregoriou

As the trade war rages on between the two strongest economies in the world, China and the U.S, China's strategy is to continue to weaken its currency.

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Market focus

  • Economists expect a US recession by end-2021 – NABE survey
  • Eurozone annual inflation down to 1.0% in July
  • Eurozone current account surplus increased in June
  • UK households more cautious about major purchases - IHS Markit

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