A slowing Chinese economy and the chance of ‘higher for longer’ US interest rates doesn’t make a bullish mix for oil prices

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Gold has shown an increasing correlation to elevated yields and the dollar, weighing on the metal over the longer-term. Recent dips in yields provides short-term relief

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​​Outlook on FTSE 100, DAX 40 and Dow amid a plethora of manufacturing and services flash PMIs and Nvidia’s after-hours earnings results.

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Euro Area PMI data came in below expectations which is likely to fuel talk of a pause from the ECB in September. Eyes now on Christine Lagarde at Jackson Hole for more guidance.

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The upward pressure has eased in Bitcoin and Ethereum after the recent sharp fall. However, the fall isn’t sufficient to conclude that this year’s rally is over. What is the outlook and the key levels to watch?

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