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September seasonals highlight a painful backdrop for stock markets

September seasonals highlight a painful backdrop for stock markets
August isn't over yet but looking back at the August seasonal trends post, this month has gone almost exactly to script. At the start of the month, I highlighted how it was a tough month for risk trades and that is what has unfolded along with pain in NZD/USD, which is typical in the month.The only exception to the seasonal trend has been yields. August is traditionally a month when yields fall as bonds strengthen but it didn't play out that way this year as rates hit fresh cycle highs. In tande... Read More
Posted: Aug 28 2023, 18:49
Author Name: forexlive
Views: 102216

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