Reports the People’s Daily, giving it a sort of official veneer.
Taking all the weekend headlines in and trying to digest them I guess we can conclude that we may open in a risk-averse mood with the market sure to get its knickers in a twist over slowing Chinese growth and a deepening family feud within the ECB. GBP will likely underperform on renewed QE expectations.
QE from the Fed is a sure thing, but we’ve known that for ages…The market’s extremely short of dollars and may be ready to take some back.
