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Deutsche Bank strategists highlight pressure on global equities, with AI-related weakness dragging down US technology stocks and credit spreads widening for selected firms. European markets also suffered losses, while Asian indices showed a mixed performance.
We haven't written up this one. FXStreet has the full story — the link below goes straight to it.
Key PointsAmazon stock gained around 15% the day after the company's July 30 earnings report.
European stock indexes largely gained at open as autos and healthcare stocks strengthened.
Zhuhai Huafa Group Co., one of China’s largest local government-owned conglomerates, is facing a record selloff in its offshore bonds, as the country’s prolonged property crisis raises credit risks.
Plus500 now expects 2026 revenue and EBITDA ahead of forecasts after Q3 revenue rose 11% to $203.2M, helped by CFTC prediction markets and US growth.
Microsoft, Alphabet and McDonald’s are among 22 publicly traded companies objecting to plans to offer blockchain-based versions of their shares on a proposed US trading platform, complicating a…
