Powell in the Hole, PC Warnings, China Regulation – What’s Moving Markets By Investing.com
By Geoffrey Smith Investing.com -- Jerome Powell will likely signal when the Federal Reserve intends to start tightening monetary policy by reducing its bond purchases. HP (NYSE:HPQ)'s warning about lengthening backlogs deepens the gloom for semiconductor users. Peloton slumps after cutting prices for its most popular bike. China issues yet more rules to curb the power of its Internet companies, and oil is up as Tropical Storm Ida starts to force operators in the Gulf of Mexico to shut down. Here's what you need to know in financial markets on Friday, 27th August. 1. Powell's Jackson...
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