Headlines discussed at LNWM’s Monday morning briefing:
— The World Bank warned an increase in Fed funds rate could cause turmoil in emerging markets.
— Standard & Poor’s cut Brazil’s credit rating to junk status on political and economic instability.
— The number of U.S. job openings reached a record high — 5.75 million in July 2015.
— Financial regulators began probe into potential manipulation of U.S. Treasury bond auctions.
— The U.S. Senate voted down a resolution aiming to prevent a six-nation nuclear accord with Iran.
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