The risk aversion came back containing the market sentiment again and the selling in the equities markets gained momentum pushing Dow to close the US session losing 144 points after disappointing falling of Philadelphia Fed business survey of August to -7.7. waiting for a quiet rising to 7 after a massive falling from 11.5 in June to 5.1 in July weighing negatively on the markets which were actually hurt by new rising of the US jobless claim release to 500k from 584k while it was forecasted to be 476k which brought back to the inventors the worries about the business spending and the struggling labor market in US which leads the global recovery after the markets have been shocked with the beginning of this week by unexpected growing of the Japanese Q2 GDP by just .1% as the markets were waiting for it to be .6% after weak closing of the US equities markets last week.....

The unexpected growing of the Japanese Q2 GDP by just .1% has increased the dovish market sentiment as the markets were waiting for it to be .6% in the beginning of this week after weak closing of the US equities markets putting pressure on the treasury yields after the Fed's decision last week to step forward in its quantitive easing policy buying Mortgage backed securities and to roll over the Federal Reserve’s holdings of Treasury securities as they mature could affect negatively on the market sentiment and the risk appetite of the investors who were waiting for holding for keeping the trust in the markets which were not waited from the fed to move over the near term which means that the Fed may have more than modest recovery performance worries which added to the pessimism about the growth outlook in US and worked in the opposite direction as the double dip recession possibility in US could contain the  market sentiment driving the investors to prefer taking the safe side squaring their risky positions buying back the low yielding currencies as the Fed used softer language than even its previous meeting when it has highlighted its worries about the growth flattering unworried about the inflation pressure but it looks now that that was the smoothing of the easing action of last week before the deterioration can have further negative impacts on the consuming and capital spending and to inform the markets that the fed will not stand seeing the economy falling back in a second dip recession with no action even with the interest rate near 0%.

The Fed's decision to step forward in its quantitive easing policy buying Mortgage backed securities and to roll over the Federal Reserve’s holdings of Treasury securities as they mature could affect negatively on the market sentiment and the risk appetite of the investors who were waiting for holding for keeping the trust in the markets which were not waited from the fed to move over the near term which means that the Fed may have more than modest recovery performance worries which added to the pessimism about the growth outlook in US and worked in the opposite direction. The selling in the equities markets is still on without pausing since the Fed's assessment release and Japanese yen and the greenback have appreciated across the broad while the USDJPY is still under pressure and it has made a new low below 84.87 which has hold since July 1995 for at 84.71 yesterday.

Losing another 131k of the non-farm payrolls of July has weighed negatively on the greenback across the broad. These weak data effect directly on the interest rate out look differentials of the greenback as the decision of hiking the interest rate has become harder to the Fed which is focusing on the labor market developments worrying about expected slow down of the growth in US in the second half of this year and it is expected to have a softer language than even its recent meeting when it has highlighted these worries about the growth out of its coming  meeting this week and it may prepare the market for a new measurement in the face of the growth recovering flattering before it  can have further negative impacts of the struggling labor market and dampen the demand for consuming and investment again.