Highlights in the week of August 10, 2015

Dear PGM Capital Blog readers, In this weekend blog edition, we want to elaborate on the following financial news out of China, that has impacted the Global Financial Markets last week: China has devalued its Yuan with approx. 3 percent against the US-Dollar. China has slashed approx. 180 billion US-Dollars in US-Treasuries securities. CHINA HAS DEVALUED ITS[…]