Top leadership in Beijing is not considering a yuan devaluation 'for now' - WSJ ...Middle East

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Top leadership in Beijing is not considering a yuan devaluation for now - WSJ

Eyes are on the yuan for a potential devaluation as a way to retaliate against US tariffs. It's a major risk that Deutsche Bank has highlighted, with 7.30 as a line in the sand.

WSJ China correspondent Lingling Wei writes:

    Financial officials in Beijing may be positive on deval — which would free up some room for domestic easing. But the top Leaderships is not. For now.

    That's a bit of a coded message and a threat I suspect.

    This article was written by Adam Button at www.forexlive.com.

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