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market overview A summary of what was remarked in Jackson Hole on Friday and over the weekend <!--> Justin Low Monday, 28/08/2023 | 04:08 GMT-0 28/08/2023 | 04:08 GMT-0 --> <!--> Here's a roundup of the headlines, in case you missed the happenings from...

Month-end trading will be a focus point this week but we are likely to see a fairly quieter one in European trading today, considering that UK markets are closed. With London out, there won't be much for traders to work with in the session ahead. But keep in mind that...

Weekend news from China drove Chinese stocks sharply higher (before the fade back):Shanghai Composite Index opens up over 5%Shenzhen Component Index up 5.7%Chinext Price Index up nearly 7% (tech heavy index)CSI300 up more than 5%Securities brokerages hit limit-up...

I posted on this earlier here:Bloomberg have more on this, link is here (gated):In brief:The biggest US oil ETF is reviving the pre-pandemic investment strategyUnited States Oil Fund will, in September, begin reallocating the majority of its holdings to the nearest...

In the first six months of 2023, Chinese auto exports +75.7% year-on-year to 2.14 million vehiclesH1 overseas shipments of new energy vehicles (NEVs) -- a category that consists mainly of pure electric and hybrid models -- more than doubled to 534,000 units,...

U.S. Secretary of Commerce Gina Raimondo comments crossing: Says it is profoundly important that the US has stable economic relationship with ChinaThinks the US can make progress with China if both sides are 'direct, open and practical'Chinese Commerce Minister Wang...

Australian July retail sales +0.5% m/m is a good headline for this series. Its not a game changer, but a welcome bounce from the June drop. expected +0.3%, prior -0.8%for the y/y +2.1%These are the preliminary data, a further release for July will be made on September...

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

Oil could be anchored near $80 a barrel according to a Morgan Stanley note from late last week. The main points made are that:a more balanced oil market could be close byoil market is likely to remain in a deficit in the second of half of 2023 before returning to a...

A weekend article in the Wall Street Journal says that Chinese Communist Party Chairman Xi Jinping has deep-rooted philosophical objections to Western-style consumption-driven growth, people familiar with decision-making in Beijing say. Xi sees such growth as wasteful...

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

China Securities Regulatory Commission (CSRC) is rolling out measures to shore up market confidence, including moves to further regulate major shareholders' share reductions.Restricting sales by major shareholders will reduce downside pressure. It's a short term...