Currencies Around the Globe are Crashing
– BOJ’s Kiuchi: Fed hike will not damage Japanese economy. Hopes Fed takes into account hike’s effect on capital flows.…
September – a Month Nobody will Forget
– September is the only month where the DJIA has averaged declines for the past 100, 50 and 20 years.…
OPEC Worries Over Oil Prices Drop
– USD/CAD Hits Fresh Low as US Crude Oil Broke above the 48 Dollar Mark. WTI crude closes up 29%…
Asian Stocks Continue to Fall
– US equities post Friday’s close: Dow Jones Industrial 16643.01 (-0.07%), S&P 500 1988.87 (+0.06%), NASDAQ 4828.32 (+0.32%). –…
William Dudley Drops a Major Dovish Hint
– BoJ Governor Kuroda: ” China likely to achieve 6-7% real GDP growth this year, also expects 6-7% growth…
Standard & Poor’s 500 Index Closes Negative for Year
– China will delay publication of inflation data in September due to public holiday. (Source: Bloomberg) – PBOC’s Ma:…