Reply To: Traders Market Weekly: Markets Rupture with Soaring yields and Fund Outflows

#44666
Truman
Participant

The Minutes from the Bank of Japan’s July meeting showed that policymakers are ready to step up easing efforts if needed.
South Korea’s finance ministry and central bank will conduct direct bond purchases in an effort to stabilize markets.
Caixin speculated that weaker demand for goods from China indicates the end of a shipping boom.
Chinese regulators have told banks to resume their use of a counter-cyclical factor in daily yuan fixings. North Korea conducted two missile launches off its east coast.
Japan’s August Leading Index 98.9 (last 100.3)
Australia’s August Retail Sales 0.6% m/m (expected 0.4%; last 1.3%)