Yuan pressure; EU summit; Disney win [CNN]
Fox Corporation - Class A (FOXA)
Last fox corporation - class a earnings: 2/5 04:05 pm
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Source: CNN
Yuan pressure; EU summit; Disney win 1. Yuan pressure: China's yuan has fallen more than 3% against the dollar in the past two weeks as tensions between the world's two biggest economies have worsened. The currency's decline continued on Thursday, with losses hitting 0.5%. investors worry that new trade barriers could inflict significant damage on China's economy, which is already showing signs of slowing down. Interest rate hikes in the United States are also making dollar assets more appealing. Chinese authorities are aware that if the yuan falls too much, it may fuel further tensions with President Donald Trump, who could renew accusations that Beijing is manipulating the currency. Chinese stocks have also come under pressure in recent weeks. The main stock index in Shanghai shed 1% on Thursday, diving deeper into bear market territory. 2. EU summit: Immigration and Brexit will be high on the agenda when the leaders of EU nations meet Thursday in Brussels. The bloc is expected to
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FOXA
Earnings
- 2/7/24 - Beat
FOXA
Sec Filings
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- FOXA's page on the SEC website