Evergrande, Risk Off and the AUD
Evergrande Risk Off AUD! Evergrande and FOMC cause Stock Markets to Sell Off, and the market is also dangerously short AUD!
Risk Off! September 20th saw the Stock Markets Sell Off.
Brent Donnelly, President of Spectra Markets, sits down with Blake Morrow of Traders Summit. He talks about how the market is dangerously short AUD into the FOMC this week and what that could mean in the days heading into the Fed meeting.
Also, Brent talks about the Evergrande debacle and how it can affect the markets moving forward in the weeks and months ahead. If it continues, it could cause an Evergrande Risk Off AUD trade.
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