26 Aug 2015
S&P 500 futures down by more than 1%
FXStreet (Bali) - S&P500 futures are down by 1.15%, while the AUD/JPY is also under pressure, down by over 0.5%, suggesting that risk-averse conditions are set to continue.
As usual, the main focus will be placed in the Shanghai Composite performance, and whether or not there is a decoupling against the rest of stocks indexes in Asia, as seen yesterday, or the risk-off spreads across the boards.
If risk aversion persists, expect the Yen and Euro to outperform in line with recent dynamics. The Australian and New New Zealand Dollar should be the two currencies that may suffer the most.
As usual, the main focus will be placed in the Shanghai Composite performance, and whether or not there is a decoupling against the rest of stocks indexes in Asia, as seen yesterday, or the risk-off spreads across the boards.
If risk aversion persists, expect the Yen and Euro to outperform in line with recent dynamics. The Australian and New New Zealand Dollar should be the two currencies that may suffer the most.