Further stimulation support and expectations of cutting a fed rate affected the impact of weak August data.
looking ahead
The result of US-China trade talks may be important for the mainland China and Hong Kong-listed shares. Business can reduce stress and raise the progress of a business agreement. However, the possibility of an increase in business war will be on risk property.
The US-China trade talks resumed on Sunday, September 14, amid calls from US administration to increase tariffs on China. CN Wire said:
“The US and Chinese authorities on Sunday begins negotiating their stressful trade relations in Madrid, a spectacular partition time limit for Chinese short video app Tikok, and Washington’s demands that their colleagues hold tariffs on China on the purchase of Russian oil.”
Beyond the business talks, traders should track Beijing’s policy vows. Measures to support stimulation aimed at increasing the housing sector, labor market and consumption can compete with the impact of increasing American-China stress on regional shares.
Track the latest developments and policy indications here. Given the latest data, a cautious approach is required.
