Bear Market in China Triggers Equity Market Sell-Off

Another sharp sell-off in China’s stock market is triggering selling in global equity markets.  Overnight China’s Shanghai Index fell as much as 5.1%.  The total correction from the top is now over 20%, thereby putting it in the bear market category. 

The weakness in the equity markets is triggering a flight to safety rally in the September Treasury Bonds and Treasury Notes.  In addition safe haven currencies such as the U.S. Dollar and Japanese Yen are also posting gains.

Read full article at FuturesHound.com