Contrary to popular belief, recent Augusts have not seen any vacation mode in markets. Just last summer, we have witnessed extreme moves and this was not a one-off. The first week of August 2016 is certainly promising. The Bank of England is expected to deliver stimulus after an initial post-Brexit delay. In addition, we have a full buildup to the Non-Farm Payrolls as well as a potential rate cut in Australia.
Video preview of the week of August 1-5
