About: anakin

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Bessent believes that a downward market correction is healthy, expressing no concern about stocks

US equity futures reopened Sunday. Bessent downplayed concerns, stressing corrections are normal. Volatility presents opportunities amid contract roll dates.

The stock market slumps don’t concern US Treasury Secretary Scott Bessent, who views corrections positively

US Treasury Secretary Bessent remains confident in market resilience, emphasizing tax policies, deregulation, and reduced government spending.

During the early Asian session, the AUD/USD pair rises towards 0.6325, supported by upcoming Chinese data

AUD/USD rose to 0.6325, supported by China’s economic measures and a weaker US Dollar; key data expected.

Shenzhen is easing its housing finance regulations to boost the property market and support families

Shenzhen raises housing provident fund loan limits, benefiting first-time buyers and families with multiple children.

China aims to enhance economic growth through income increases and initiatives to boost consumption

China boosts consumption by raising incomes, stabilising markets, and encouraging births to counter deflation, impacting AUD/USD.

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