Spreadex Market Update
Global markets storm forward
Although some are still arguing that this is not necessarily the end to the recent volatility. Officials from China have only announced that they plan on bringing market rates to reasonable levels but have failed to announce the specific steps they plan on taking to address the crisis. Thus, until officials provide the markets with a guide as to how they will stop liquidity from drying up then a potential for a selloff will always remain around the corner.
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