the Chinese authorities, improving the market sentiment. Investors await the releases of employment and manufacturing data from the United States .
China introduced more economic measures to support its gloomy housing market and reduced the requirements of foreign exchange reserves for local banks to sell more US Dollars in terms of supporting the Chinese Yuan. Hang Seng suspended trading as Super Typhoon Saola heads toward Hong Kong and threatens industrial hubs around China’s Guangdong province.
Traders will focus on the crucial US Nonfarm Payrolls data for August, scheduled to be released later in the North American session. Any indications of strength in the labor market could impact the US Federal Reserve with greater flexibility to continue raising interestInformation on these pages contains forward-looking statements that involve risks and uncertainties.
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