Global financial conditions are the tightest now since 2009, according to Goldman Sachs. With almost every financial asset and market bar the dollar selling off, most investors will be clinging to it for dear life. China’s central bank, meanwhile, said on Monday it would raise the currency risk reserves for financial institutions when purchasing FX in the forward market to 20% from zero. The yuan still fell to a two-and-a-half-year low. The spotlight on Monday fell on London and Beijing, but where is next?Read Long Article
