FX Monthly Outlook: August’s AngstFX Outlook; Global Edge; Startups; Technology; Venture CapitalSeptember 08, 2015 Posted by Scott Petruska
On August 24th, a day that is now being referred to in China as Black Monday, Shanghai's main share index closed down at 8.5 percent, its biggest decline since 2007.Read More0 Comments
Powerful global reaction. Traders in all financial markets around the world reacted violently to China’s sell-off and seemed to re-focus on what had been three fairly well-established and unsettling concerns: (1) a weakening economy in China; (2) falling oil prices; and (3) uncertainty with interest rate increases by the Fed.
Is the panic over or not? With the U.S. dollar on a roller coaster ride for much of August, many have lost confidence in the dollar’s underlying trend of strength.
U.S. labor data is difficult to forecast. This week’s non-farm number will be the last jobs report before the FOMC meeting (Sept 16-17).
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