Aug 19, 2015
China stocks rout sparks risk-off, Bundestag vote, US CPI, FOMC minutes – Key events
Chinese stocks extend sell-off impacting risk-flows across the board and negatively affecting China’s top trading partners. The Aussie slipped further towards 0.73 handle after the Shanghai benchmark tumbled another 4% today, reignites concerns over the ailing Chinese economy. The yen gained versus the greenback on flight to safety, shrugging off widening Japan’s trade deficit numbers.
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