Gold has fallen to 1231 an ounce. The Chinese yuan has depreciated to 6.76 and triggered a Black Death in emerging market currencies. Copper has fallen 18% in the past month. Emerging market equities/debt markets are in free fall. The US Treasury debt yield curve has flattened alarmingly since the beginning of 2018. The financial […]
Currencies – King Dollar devastates emerging markets currencies The British pound fell below 1.30 last week as investors were horrified by another Tory revolt
