Risk-Off Rekindled by Fed Pushback and Deepening China Weakness

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Risk aversion returned forcefully overnight, with Wall Street suffering its steepest daily decline in a month as investors unwound exposures. The reopening of the U.S. government offered no support to sentiment, with markets instead refocusing on the prospect that a December Fed rate cut is far from assured. Comments from several Fed officials pushed back […]The post Risk-Off Rekindled by Fed Pushback and Deepening China Weakness appeared first on Action Forex.