| Chinese manufacturing will show if metals sell-off is generic risk aversion or economic slowdown. One of the reasons the latest equity and bond wobble is quite a worry for some investors is that they reckon central banks are becoming more inured to the market’s emotional blackmail.
And, crucially, this is occurring amid some signs of further fretting over global demand. The US dollar was softer early on Monday, but buck-denominated industrial commodities were not immune to the broader angst. Oil prices continued to be choppy, while base metals struggled...............................................Full Article: Source
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