Taliban Victorious, Chinese Economy Slows, Oil Falls – What’s Moving Markets


Source: truemedian.com truemedian.com

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Economy 4 hours ago (Aug 16, 2021 06:42AM ET) © Reuters. By Geoffrey Smith Investing.com — The Taliban has taken control of the Afghan capital Kabul amid a chaotic evacuation of remaining westerners. The Chinese economy is slowing down due to the clampdown on localized outbreaks of covid -19 across the country. That’s also hitting oil prices. And U.S. stocks are set to open lower amid reports of the Federal Reserve plotting a speedy exit from asset purchases. Here’s what you need to know in financial markets on Monday, 16 August. 1. Taliban overruns Kabul The Taliban , 20 years...