Global Markets React to Economic Concerns: Stocks Dip, Banks Under Pressure, Pound Gains on Wage Data | Daily Market Analysis
Key events: New Zealand - RBNZ Interest Rate Decision UK - CPI (YoY) (Jul) USA - Building Permits (Jul) USA - Crude Oil Inventories USA - FOMC Meeting Minutes Yesterday, European markets underwent a challenging trading session, experiencing significant declines to reach their lowest points in more than a month. This downturn was largely influenced by apprehensions regarding the Chinese economy and a notable deceleration in domestic demand.
Increased Volatility Ahead | Daily Market Analysis
Key events: UK - Average Earnings Index +Bonus (Aug) UK - Claimant Count Change (Sep) UK - BoE Gov Bailey Speaks We have a dashing month ahead of us. Over the next 30 days, there will be a number of important events that will keep traders on edge.