Market Commentary | The week that was
The People's Bank of China cut its rate on a one-year loan to 2.75% from 2.85% and injected an extra 400 billion yuan ($60 billion) into lending markets after growth in factory output and retail sales weakened in July and home sales fell by double digits.
Joe Biden is priming a re-election bid to be launched after November's midterm elections, aides and allies said, setting up a potential 2024 showdown with Donald Trump.
Looking at the week ahead; The main event to look forward to is the FOMC minutes on Wednesday, as this will give us a glimpse of the thinking of the US Fed
