Chinese Tech Stocks Bounce As Beijing Softens Tone On Gaming
Channel: AmplifyME
Date: 2021-08-04

Head of Market Analysis Anthony Cheung breaks down the news in focus today.

- Overview of news in focus and day ahead (00:00)
- Market sentiment at the EU open and review of the charts (1:10)
- Bearish API inventories overnight (2:42)
- Heng Sang tech index up over 3% overnight on latest State comments (3:46)
- Alibaba revenues missed estimates for the first time in 2-years (5:50)
- Chinese Services PMI strong overnight but unlikely to last (6:12)
- Fed's Bowman says more work to be done on jobs recovery (7:02)
- BoE Shadow MPC urged to stop QE (8:52)
- Ship hijacked off UAE ordered to sail to Iran (11:21)
- Main calendar events today with focus on US ADP & ISM (12:09)

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