What’s After PBoC Intervention? & GBP Trends Today

As predicted by ADS Securities, the People's Bank of China has finally acted - we discuss the factors for the intervention and discuss the possible impact of the measures - both on the Chinese and the US economy. We review the US figures from yesterday which were mixed, but mostly negative, and share our perspective on the September Rate Hike speculations. Traders are watching the UK Jobs Report today, which will be the key event affecting markets.
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