Volatility across the board

After a period with little momentum in the stock market and increasingly poor macro data from China, the Chinese authorities' decision to devalue the Chinese Renminbi, by approximately 3% over two rounds, apparently triggered one of the biggest collapses in the market since 2008/9.

Read about the development in China, US growth and Chief Strategist David Bakkegaard Karsbøl’s volatility and momentum model in the monthly comment for august.

Read the full comment here.