A look at the day ahead in European and global markets from Kevin Buckland A light calendar for Europe today means markets are likely to take their cues ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSA look at the day ahead in European and global markets from Kevin Buckland
Country Garden, China's biggest private developer, added to pressure on the sector at the centre of the country's economic woes as it faces a new round of voting by creditors - the third this month - to avert default, in this case by extending debt repayments to onshore creditors by three years. Meanwhile, China's central bank yanked the yuan off a 16-year low by setting the strongest official midpoint fixing - as compared with market expectations - on record.
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