Market Highlights
Federal Reserve kept interest rates unchanged; policymakers’median federal funds rate forecast for the end of this year fell from 0.625% to 0.375%, reflecting that there may be one interest rate hike this year. It is expected that US interest rate factor will probably continue to loom over global stock markets.
Chinesebanks’foreign exchange settlement deficit amounted to RMB 807 billionin August, 4.6 times that of July, showing the trend of severe capital outflows.
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