In an interview with Bloomberg TV, Mark Mobius, the former Franklin Templeton star fund manager and the veteran emerging-markets investor, warned about the potential downside risks to the Chinese Yuan and stock markets. Key Headlines: Yuan could weaken past 7 per dollar. Chinese stocks could see more weakness. As the Yuan weakens, the Trump administration could accuse China of deliberately weakening the currency to combat trade tariffs. Democrats winning the House will be bad for US markets. Emerging market stocks near the bottom. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Another hedgehog day for Bitcoin as BTC/USD glued to $6,400 FX Street 4 years In an interview with Bloomberg TV, Mark Mobius, the former Franklin Templeton star fund manager and the veteran emerging-markets investor, warned about the potential downside risks to the Chinese Yuan and stock markets. Key Headlines: Yuan could weaken past 7 per dollar. Chinese stocks could see more weakness. As the Yuan weakens, the Trump administration could accuse China of deliberately weakening the currency to combat trade tariffs. Democrats winning the House will be bad for US markets. Emerging market stocks near the bottom. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
