All forecasts and opinions on 21 August 2015

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21.08.2015

Concerns over the global slowdown determined markets this week. The Chinese economy remained in focus. Today's Chinese preliminary Markit/Caixin manufacturing Purchasing Managers' Index (PMI) added to worries over the economy in China. The index decreased to 47.1 in August from 47.8 in July, missing expectations for a decline to 47.7, and hitting a 77-month low. The Chinese government will face a big challenge to boost the economy. The U.S. dollar should remain under pressure in the coming days. The Fed released its latest monetary policy meeting on Wednesday.

Konstantin Meinhardt

Quotes

	Symbol	Bid	Ask	Time
	AUDUSD
	EURUSD
	GBPUSD
	NZDUSD
	USDCAD
	USDCHF
	USDJPY
	XAGEUR
	XAGUSD
	XAUUSD

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