China's Tech Rebound Stalls and Crude Oil Trims its Rally
NewsWare‘s Trade Talk

China’s Tech Rebound Stalls and Crude Oil Trims its Rally

2021-08-25
Futures are drifting as a rebound in Chinese tech shares stalled and markets move into a holding pattern ahead of the Federal Reserve’s Jackson Hole Policy Symposium this Thursday. The hope going into the Jackson Hole event will be that it provides more insight on the Fed’s thinking in regard to monetary stimulus amid a takeoff in inflation but still mixed economic data. Reports from purchasing managers globally have shown the return of concern about the outlook for growth, with US business activity slo...
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