Goldman Sachs on China yuan – markets fear a sharp Yuan devaluation

Jeffrey Currie, Yubin Fu and Max Layton, analysts at Goldman Sachs, noted in a report that the Chinese metals traders, producers and investors continue to fear sharp yuan devaluation.

Key Headlines:

Unsettled by fears the government may sharply weaken the yuan

This could result in large swings in prices

There are "fears in the market over a sharp devaluation in China"