The Lowdown on Markets to 28th August 2015

September 7, 2015 admin

The Lowdown on Markets to 28th August 2015

 

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In this week’s issue

  • After a rather dramatic week calmer conditions return to the global equity markets.
  • As equity markets sold off data showed that US$22 billion flowed into money market funds.
  • In the FX market sterling fell to a seven week low against the US dollar.
  • The price of gold bullion retreated whilst Brent Crude oil has rallied to US$50 a barrel.
  • August’s stock market turmoil has been painful for investors but has been long overdue.
  • The probability of a relief rally in equities remains high over the coming months.

What does this mean for the markets and asset classes?

“It was a dramatic week for markets but then calmer conditions prevailed”

 

 

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