Investors rush as trade war enters the phase of "relaxation" @ Forex Factory



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From bnnbloomberg.ca

While the trade war temporarily played a secondary role in Jerome Powell's speech at Jackson Hole, she has come back to the forefront as most markets prepare to reopen on Monday. Strategists are resuming tension between the United States and China. The strategists are therefore confident that investors will continue to seek the security of Japanese government bonds, gold and yen. Risky assets are expected to decline, with some analysts expecting a further depreciation of the Chinese yuan. Shares in the Middle East on Sunday gave global investors a taste of what was going to happen, with indices in Israel and Saudi Arabia down by at least 2%. … (full story)

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