The Traderszone Network

The downturn in China’s manufacturing sector intensified in July, with the Caixin China PMI surprising with a drop to a two-year low.

Citadel confirmed that trading in one of the accounts it manages in China has been restricted by China’s securities regulator.

The Malaysian ringgit hit its lowest level since 1998 against the greenback on Monday. Khoon Goh, senior FX strategist at ANZ, outlines the reasons behind the decline in the currency.

From Goldman Sachs’ ‘The Charts That Matter Next Week’
(published on Friday 31 July … so they are referring to this current week)
They say …
“In the FX space, EURUSD is corrective/messy…”

Submitted by Justin Raimondo via AntiWar.com,

We’re in the summer doldrums of the news cycle, a perfect time for our government and the media – or do I repeat myself? – to drop certain inconvenient stories down the Memory Hole. My job, of course, is to retrieve them….

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From the NZ Treasury’s Monthly Economic Indicators for July 2015, published today
In summary:
Business sentiment slipped in the June quarter and, along with other indicators, points to growth around trend over the coming year.

Two variables are colliding to send these stocks on a wild ride this week.