The surge in USD/CHN, the crash of China EFund’s ETF, the largest outflow from US stocks, and the surge in the USD signal market turmoil.

Recent market movements have set off alarm bells across the financial landscape, prompting investors to scrutinize the underlying causes behind the sudden upheaval. One notable indicator of trouble brewing is the surge in the USD/CHN pair, surpassing the critical 7.25 mark, while the Chinese yuan faces significant downward pressure. This abrupt shift in currency dynamics …

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