Bank Reserves at Fed Drop to $3 Trillion,…

[ad_1] (Bloomberg) -- The US banking system’s reserves, a key factor in the Federal Reserve’s decision to keep shrinking its balance sheet, tumbled to the lowest in nearly four months.  Bank reserves fell by about…

Yuan falls to lowest level since 2007 amid…

[ad_1] China’s yuan closed at its weakest level in over 17 years on Wednesday, following a record-low drop in its offshore counterpart overnight, as tensions from the escalating U.S.-China trade war shook currency markets.The onshore…