Forex news for July 27, 2015:
– Non def cap goods orders ex air 0.9% vs 0.5% exp. -0.4% prior
– China to ramp up state stock market buying
– ECB QE count PSP up €10.263bn vs €11.271bn prior
All the chatter in markets today was about China and what the government is doing to stem the stock market rout. #Chinameltdown is a trending hashtag on twitter in a sign about just how much everyone loves a good rout.
