- USD finished last week on a soft note but steadied at the start of the week, edging higher against nearly all major currencies. The Australian and New Zealand dollars were the weakest, off about 0.3%.
- The JP Morgan Emerging market Currency Index snapped a six-day rally, its longest in seven months, with a minor loss on Monday (~0.05%).
- Despite the small losses in the S&P 500 and the Dow Industrials after disappointing US August employment data, Japan, Hong Kong, and China equity indices rallied more than 1% and were sufficient to lift the MSCI Asia Pacific Index for the seventh consecutive session.
- A coup in Guinea raised fears of a disruption in bauxite, which sent aluminum prices up nearly 2% to their highest level in more than 10 years.
For further details see:
5 Things That Happened Monday