The Fedspeak Powel - What Do You Make of It All?

Timothy Stanley: Markets broadly took a leg lower as these headlines were crossing with the s and b, giving up gains. A heavy dose of hawkish fedspeak didn't help either in terms of the action to day. "I don't want to underestimate the importance of china us relations and where those tensions could go," he says. 'It's certainly not a reason to be constructive here'