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Author: David Meyer
Latin American markets were trading lower on August 22. They took cues from a fall in commodity and crude prices globally.
The annual Jackson Hole Symposium in Wyoming attracts a high-profile audience. It's scheduled to start on August 25.
US unemployment claims for the week ending August 13 fell by 4,000, according to data published by the U.S. Department of Labor on August 18.
The Australian Bureau of Statistics published the employment report for July on August 18, 2016. The unemployment rate fell by 0.1% to 5.7%.
Investors seem to be favoring emerging markets as the hope of a rate hike by the Fed in September diminished. EWZ rose by 1.5% on August 15.
Major Asian currency pairs were trading on a negative bias against the US dollar on August 12, 2016. The US dollar broadly rose against the other currencies.
For RBNZ (Reserve Bank of New Zealand) Governor Graeme Wheeler, coming out with a cut was a no-brainer to markets. Markets expected a rate cut.
Critical European markets (DBEU) were all trading on a positive note at the end of trading on August 9, 2016. The rise was led by the German index DAX.