Market Lab Report - Premarket Pulse 9/8/15
Overnight, data showed Chinese exports fell in August for a second straight month, underscoring concerns that the world’s second-largest economy is losing momentum. Futures are nevertheless up about 1.5% at the time of this writing as China is expected to increase their levels of quantitative easing and may also allow the yuan to weaken once again.
The Federal Open Market Committee meets on Sept. 16-17. CME futures show the probably of a rate hike now stands at just 19%.
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