The week was uneventful except for the drop on Friday. Friday started heavily in the red on news that the Securities Association of China has made it easier to short stocks. This was done by allowing fund managers to lend shares to short. Reports are starting to show that China’s economy is beginning to slow

For so many years markets have got used to focusing overwhelming on US employment, with the Fed emphasizing that return to full employment was key to their monetary policy plans. However, with employment data printing strongly for some time now the focus has shifted away from employment, meaning that the monthly NFP print that traders had been

Declines in utility shares dragged Wall Street lower, offsetting optimism about deal activities. The Australian dollar was buoyed by the RBA’s decision not to cut rates and the dollar climbed against a basket of major currencies, while gold declined. Longer-dated Treasuries jumped. Forecasts on lower U.S. output growth and higher global demand pushed oil up.