Your Evening Briefing

A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty. Who first uttered those words remains a subject of debate. But what's clear is that optimism will help you seek opportunities others may miss. A case in point: China's yuan. It's one of the world's least volatile currencies, for which a 0.1 percent move means headline news. But analysts say there are profits to be made if currency traders get creative and capitalize on stability. And what about Australia? While Morgan Stanley sees the economy struggling and stocks falling, strategists say there are still ways to profit amid the gloom.

Tesla is close to agreeing on plan for China production plant. The electric-car maker wants to build a Shanghai plant, giving it better access to the world's largest autos market and allowing it to bypass a 25 percent import tariff on vehicles sold in the country, according to a person familiar with the matter. Rules state the car giant would have to set up a joint venture with at least one local partner.