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China’s fifth plenum set for October 26-29 as markets watch for economic signals

According to Xinhua news agency, China has now put a firm date on its next major political gathering. The fifth plenary session of the 20th Central Committee will reportedly run from 26 to 29 October in Beijing. The agenda is expected to centre again on strengthening self-governance, but I'd still expect markets to pay close attention to the economic signals coming out of the meeting. That is…

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What are the main events for today?

EUROPEAN SESSION In the European session, we don't have anything on the agenda today as markets will likely remain in rangebound mode ahead of the UN General Assembly tomorrow and Trump-Xi meeting on Thursday. The most important one for markets should be the UN General Assembly as Trump is expected to hold a meeting with Gulf leaders to discuss the next steps in the war with Iran. Notably, the…

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China holds its ground as markets eye trade truce ahead of Trump-Xi summit

US president Trump and China president Xi will be meeting in Washington on 24 September this week. And from a markets perspective, I think the most interesting part isn't necessarily what gets signed. It is instead the position in which both leaders are negotiating from. On the one hand, China president Xi looks relatively comfortable coming into the meeting. China's export machine has weathered…

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