Market Comment | Rebound in banks and oil failed to boost stocks

Summary

Negative mood remains in financial markets, depressed by anaemic growth in economic indicators in China – China’s service sector’s expectations cooled in July as services PMI went down (51.7, consensus 52.9, previous 52.37). However, the upward trend in the composite index continued (51.9, previous 50.3) due to the positive contribution of the manufacturing sector. All […]

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