This article continues to explore significant global political and economic developments impacting markets. Key events such as the Democratic National Committee's nomination plans, Japan's political instability, and trade tensions in China influence major currencies and stock indices globally.
This article explores significant global political and economic developments impacting markets. From the US Supreme Court ruling on Trump's immunity to China's production excess and geopolitical tensions in the Middle East, these events influence major currencies and stock indices worldwide.
Global markets face significant changes. China's financial sector caps salaries under Xi Jinping's "common prosperity" policy, affecting the yuan and major financial stocks. India's entry into the JPMorgan Emerging Markets Bond Index boosts investment and strengthens the rupee. Nike's weak outlook suggests a U.S. economic slowdown. Japan's yen nears a 40-year low, prompting potential stabilization efforts. Hong Kong faces judicial concerns, impacting its financial stability.
The US Dollar may rise vs TWD if Taiwan jobs data misses estimates and comments from the Jackson Hole symposium stoke recession anxiety.
AUD/USD fell after Chinese trade-related data crossed the wires and showed a substantial decrease in the trade balance.
The S&P 500 aimed higher on Friday on welcoming progress in US-China trade talks, dampening the appeal of the US Dollar. Asia Pacific equities may