After US labour market data drove up stock prices on Friday, today it is China and its government's measures intended to prop up its ailing economy that are driving market sentiment. In commodities, oil prices are trading at levels last seen in November on fears over supply cuts by the OPEC+ group and strong economic data from China and the US pointing to strong demand for oil. Bitcoin, meanwhile, is struggling after the US SEC said it was delaying decisions on Bitcoin ETFs for another 45 days. US markets are closed today for the Labor Day holiday. Mensur Pocinci, Head of Technical Analysis, joins today’s show and talks about the US dollar, bond yields and investing in September.
00:00 Introduction by Helen Freer (Investment Writing)
00:28 Markets wrap-up by Lucija Caculovic (Investment Writing)
05:32 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis Research)
09:04 Closing remarks by Helen Freer (Investment Writing)
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