Daily Market Comment – China selloff steadies but Wall Street wobbles; dollar eyes Fed
Posted on July 28, 2021 at 8:29 am GMTChina jitters spread to global equities but rebound may already be underway US shares slip despite stellar earnings amid China and peak growth concerns Will the Fed heighten or soothe market nerves? Dollar inches higher ahead of Fed decision despite subdued yields Somewhat calmer day for equities after Asian tumult Stocks in China were attempting to break their losing streak on Wednesday following three days of carnage triggered by regulatory tightening that targeted domestic tech giants and for-profit education firms. [..]