Australian net exports contribute +0.1% to Q2 GDP (economic growth)

7 months ago 37

China’s CSI 300 surges 25% as Beijing pushes reforms to build trust, and a bull market. China’s stock rally defies weak fundamentals, with Beijing betting reforms can fuel a slow, steady bull market.

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New home sales drop 8.2% as 121k homes sit unsold. Prices down 5.9% but high rates deter buyers.

China's aluminum sector faces overcapacity & low margins. Firms shift to high-value products like EV parts amid intense competition.

Long-term bonds face a 2% median loss in Sept. as issuance rises & inflation fears persist. Traders eye US payrolls & EU inflation.

Trump's crypto tokens launch with tepid trading, but family nets $5B. Traders eye volatility and valuation post-launch.

US futures flat; S&P +1.4%, Nasdaq +1.6% in Aug. Trump tariffs face legal hurdles, Fed independence eyed. Volatile Sept ahead.

Corn futures hit 4-week highs on short covering, targeting $4.35. Soybeans eye $10.74 resistance amid meal weakness.

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