Daily Market Review: Risk Appetite Appears Mixed Heading into Jackson Hole
Channel: JFD Brokers
Date: 2021-08-25

Daily Market Review by Charalambos Pissouros

The US dollar lost the most ground against the risk-linked Kiwi, Aussie, and Lonnie yesterday and today in Asia, but equities traded more cautiously, though Wall Street’s S&P 500 and Nasdaq hit fresh records again. With no top-tier evens on the agenda yesterday, neither today, it seems that market participants may have become somewhat more careful ahead of the #JacksonHole economic Symposium, where #Fed Chief #Powell could provide (or not) clear signals on the Fed’s QE-tapering plans. 

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