China Market Update: Alibaba Shareholders Approve Dual Primary Listing, Paving The Way For September Southbound Inclusion, Week In Review
Asian equities ended a positive week higher on very light summer volumes in advance of Jerome Powell’s main event today in Jackson Hole. The US dollar was weaker overnight, though whether the US Fed cuts 0.50% or 0.25% in September is becoming a debate amongst the economists and strategists I follow.