OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to decipher the current bearish performance of China stock market as its key CSI 300 benchmark stock index sank to a 9-month low and the implications of Fed Chair Powell’s keynote address on the upcoming Jackson Hole Economic Symposium on the longer-term equilibrium interest rate while momentum elements of long duration risk assets such as Nasdaq 100 are exhibiting risk of further downside pressure.
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