Market losses were exacerbated in all asset classes yesterday following data that showed that China’s economy expanded more slowly than expected. Many investors happened to jump, pull their ripcord and sought shelter in risk averse trading positions. Since then, the extreme market moves, especially within the commodity class, had some investors looking for bargains after the heavy market losses. Gold this morning has managed to get itself off the floor and bounce into positive territory from a two-year low. Risk aversion carried the yen higher than the market had expected, but USD/JPY’s rebound through Asia and ... (full story)