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Investors in Hunker Down Enter Bewildering @ Factory Forex as Trade War



By bnnbloomberg.ca

If the trade war plays the second fish to Jackson Hole's Jackson Powell address for a short time, it collapses to the forefront of concern as most markets prepare to open for business in Monday. The renewed tensions between the US and China have strategists stating that investors will continue to seek the security of government bonds, gold and the yen. Risky assets are likely to decline, with some analysts predicting a further depreciation of the Chinese yuan. Shares in the Middle East on Sunday gave global investors a taste of what's ahead, with indices in Israel and Saudi Arabia falling at least 2%. … ( full story )


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