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The only standout is that the Japanese government raised the view on exports for the first time in three months, noting that it is "showing movements of picking up recently". Besides that, here is the rest of the overall assessments:Private consumption is picking...

> SNB total sight deposits w.e. 25 August CHF 471.4 bn vs CHF 476.2 bn prior Latest data released by the SNB - 28 August 2023 <!--> Justin Low Monday, 28/08/2023 | 08:00 GMT-0 28/08/2023 | 08:00 GMT-0 --> <!--> Domestic sight deposits CHF 461.7 bn vs...

Prior +0.6%Broad money growth did not slow as much as estimated but it is still reflecting a further tightening in credit conditions. The credit crunch is starting to become more evident in Europe and that will be a key consideration that the ECB needs to be mindful...

The aussie and kiwi were higher earlier on, lifted by some relief from China. But they have pared the early gains now, which weren't a whole lot to begin with anyway. In the case of AUD/USD, large option expiries and some key near-term technicals are at play so there...

It has been the case that inbound travellers to China will still need to take an antigen rapid test (ART) at least 48 hours before their flight to the country. That is despite airlines no longer checking the Covid test results of passengers but it is part of the entry...

During the Jackson Hole Symposium on Friday, Federal Reserve Chair Jerome Powell reaffirmed the Fed's commitment to achieving the 2% inflation target. He highlighted that if economic conditions demand it, further interest rate hikes may be appropriate.Powell also...

Eurostoxx +0.9%Germany DAX +0.8%France CAC 40 +0.9%Spain IBEX +0.8%The slightly more positive mood in US futures, which are up 0.2%, is also helping. But the large part of these gains are a catch up to the Friday move. Be reminded that UK markets are closed today so...

So, he is now doing the ECB's job for them? It would be bad form for him to overstep such a line I would say. But at least he is being consistent with what ECB policymakers themselves are preaching, that being rates will stay restrictive for a sufficient period of...

AUD/USD hourly chartThe mood in the aussie is helped by a stronger Chinese yuan as Beijing is making some waves to start the new week. AUD/USD is up 0.5% to 0.6433 currently and is running up against its 100-hour moving average (red line) at the same level. For now,...

In case you missed the headlines:The package of measures announced were all targeted to bolster market sentiment, in particular stocks. They include the halving of the stamp duty and restricting major shareholders' stock reductions, but they also cover slowing the...

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...