China official says will announce more policies in September to broaden service consmption

China official says will announce more policies in September to broaden service consumption

Trump's Fed conflict sparks dollar drop (-0.3%) & yield rise (+5bps). S&P 500 flat. Traders watch for wider fallout.

AU surges 140% on gold rally, generous dividends, and low debt. EV/EBITDA at 5.22x, potential for re-rating amid geopolitical risks.

AI hype deflates on weak returns and bubble talk — Nvidia earnings now the make-or-break. Goldman sees the next investment wave hinging on breakthroughs beyond brute-force compute.

China industrial profits down 1.5% in July, but high-tech manufacturing surges 19%. Demand still soft.

Australia's inflation hits 2.8%, boosting AUD & yields. Traders trim RBA rate cut bets; housing costs surge.

Nvidia earnings loom, impacting AI sentiment. Fed autonomy fears weaken USD. Yield curve steepens as rate cut bets rise.