Central Bankers Trying To Soften The Blow

A massive slump in China factory activity was expected, which helped mitigate fallout from the release, despite the data series slumping to its weakest reading on record.

A massive slump in China factory activity was expected, which helped mitigate fallout from the release, despite the data series slumping to its weakest reading on record. We have seen more risk off flow early Monday, but all of it has been mild thus far, with US equities holding up well off the low from Friday.

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