German Equities: Market Dip On China's RMB Devaluation Creates Buying Opportunity

The German equity market saw a sharp fall of 6% in response to the move by the Chinese monetary authorities to devalue the Yuan (RMB) this month, bringing the market down further from highs on April 10 when the German blue-chip DAX index reached the heady heights of 12,390.75. But after the latest market rout is now the right time to stock up on German shares?