This week: UBS gives guidance on USDCNY after the yuan breaks 7.0 but is not convinced the currency’s slide signals competitive devaluation; BoS calls currency manipulator designation an “extraordinary” move and does not rule out USDCNY hitting 7.80-7.90; DBS warns of currency war impact on emerging markets; and Credit Suisse says Singapore is headed for a technical recession. UBS GWM:…
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