Jack Ma is stepping down from Alibaba, the half-trillion company he created and ran for 2 decades, on his 55th birthday. To celebrate his birthday and success, AvaTrade is offering a 55% spread reduction on Alibaba shares.
MBS’ half-bro replaces Falih as JPMorgan takes Aramco IPO lead. Also, German data surprises to the up, Irish-only backstop discussed, & NFP raises eco-fears
Parliament prevents no-deal & snap elections, German slump portends regional recession, but global markets up on possible US-China talks in October
Hang Seng jumps 3% as HK leader withdraws extradition bill, Boris calls for elections after House defeat & 1st US ISM Manufacturing PMI shrink in 3 years.
UK lawmakers ask court to prevent suspension, HK’s Lamb wants to quit, Congress to investigate Trump’s porno hush money,& ECB calls Libra treacherous.
UK PM gets Queen’s approval to suspend anti-no-deal Parliament. US & China pour more tariffs into the fire, France props up EU data, & ARAMCO US IPO nixxed.
What crypto-plots are the Brits planning? Also, Corbyn aims to thwart Boris, Lam weighs emergency powers, & US bond yield inversion deepens.
Chinese VP & Trump talk ‘talks’, UK-EU too, while Rouhani backs down. Also German GDP contracts, BTC turns bearish, and J&J decries $1/2bn fine.
Markets down on more tariffs exchange, US manufacturing down for 1st time in a decade, Carney attacks the USDollar & the Venezuelan oil route explained.
The Jackson Hole Economic Summit assembles the who’s who of the global economy. Find out how their declarations move markets.