Enzio Von Pfeil, a capital preservation specialist at Financial Shield, tells James Ross that since US economy has been slowing for over three months, while the yen has been strengthening since mid-July, he suspects Monday’s dramatic moves may have been down to an unnamed financial house putting on a short. Hao Zhou, Chief Economist, GTJAI, said Monday’s massive unwinding was a sign of how crowded the market has become and he expects more volatility ahead.

Carolyn Wright speaks with Julia Hu, Managing Director of Asia at Bonhams about the health of the fine art market in Hong Kong and Asia.

Ben Emons, Chief Investment Officer and Founder, Fed Watch Advisors, explains how Kamala Harris announcing Tim Walz as her running mate in the US elections, has impacted markets, saying we saw an increase in US Treasury yields for example.