If this weekend's Symposium wasnlt such a fizzer I would have said we've slipped down the Jackson Hole
But, no.
This seems all about Chinese equities again
- Shanghai Composite lower (chart of the morning session here .... down 2.5% or so)
- AUD, NZD both lower.
- The Kiwi really took a pounding on the terrible business confidence numbers, and it only gotten weaker since then
- I posted a chart much earlier today on the weak Globex session for the S&P500 eminis, and it hasn't recovered much at all (its stopped falling though)
- The yen is stronger, as is CHF and GBP (all against the USD)
But, I'm giving the gold medal to EUR/USD, up around 75 or so points from session lows:
This is all looking familiar!
but ... what are the differences I haven't mentioned (in the comments please, ladies and gentleman!)?
