Yuan Falls As Rate Set At Lowest Since 2011
The yuan Thursday weakened for the 10th day against the US dollar as China’s central bank set the official reference rate at the lowest since 2011 following the US interest rate hike.
Goldman Sachs
China ‘Still Set For Healthy Growth’
Premier Li Keqiang said China is confident of keeping its annual growth rate around 7 percent for a fair period of time by persisting with its reform and opening-up and tapping its huge potential.
Brent Prices Lower After Goldman Sachs Trims Forecast
Brent crude oil (BNO, quote) lost momentum on Monday morning after reports that Goldman Sachs had trimmed its forecasts for crude oil prices.
Ahead of Opening Bell
U.S. stock indexes were slammed yesterday with the largest one day lost for the month of June.
Mid Day Update
The U.S. equity averages are on upswing once again. The tech sector continues to weigh heavily on the sector.