This September is chock-full of risk events, including central bank meetings, a G20 summit and make-or-break data, not to mention that it tends to be the worst month of the year for the mighty S&P 500. Now the Federal Reserve's Jackson Hole confab is over, investors are strapping in for a potentially volatile month. Investors will also scrutinise the message from Fed Chairman Jerome Powell after the central bank's Sept. 20 meeting to determine the likelihood of another hike this year.
As an awful August gives way to an
uncertain September, investors hope this month will confirm that
the seemingly relentless rise in interest rates will end soon,
meaning respite for both stocks and.
Take Five: A September to remember? By Reuters investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.
Gold remained steady after hitting a 3-week low with hot US job data and the US Treasury boosting its size of its quarterly bond sales as the US credit rating was downgraded, while the Bank of England raised interest rate to a fresh 15-year high