Michael Sneyd, FX analyst at BNP Paribas, says the moves in emerging market currencies stem from concerns over whether China can handle a slowdown in its economy.
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CNBC's Rick Santelli discusses the latest action in the bond market, and the currency markets. Today yields on the 10-year and 30-year are moving up, reports Santelli.
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China launched a currency swap deal with the euro zone on Thursday, in the country's latest push to transform the yuan into a major world currency.
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David Katz, Matrix Asset Advisors, and Jerry Castellini, CastleArk Management, provide their top market plays ahead of President Obama's planned address on Syria Tuesday night.
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Gold was steady on Monday, after posting its biggest weekly gain since early September, as investors await concrete steps from European policymakers to tackle the debt crisis ahead of a European Union summit this weekend.
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Japan's exports rose in June from the prior month and the pace of annual declines slowed, bringing the trade balance back into surplus as factory output and sales steadily recover from the March earthquake, tsunami and nuclear meltdown.
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