The headline news that was jointly reported by global financial media last night and this morning mainly included:
JPMorgan strategist: even if the Fed cuts interest rates, US stocks may still stagnate near record highs.
According to JPMorgan strategists, even if the Federal Reserve initiates the long-awaited interest rate cuts, the upward momentum of US stocks may stall near record highs.
The strategists led by Mislav Matejka stated that despite the easing of monetary policy, it is a reactive interest rate cut in response to the slowdown in economic growth. Seasonal trends are another obstacle, as September is typically the worst month in US stock market history.
"We have not yet escaped the dilemma," Matejka wrote in the report. He reiterated a bullish view on defensive sectors in the backdrop of declining bond yields. "Market confidence and positioning indicators seem far less attractive, with rising political and geopolitical uncertainties, and seasonal factors once again make September more challenging."
For the first time in history, Volkswagen is considering closing its factories in Germany to reduce expenses.
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国泰停飞部分空客A350航机 因发现引擎零部件故障
Cathay Pacific Airways said it was forced to cancel some flights as it conducted a thorough investigation of all its Airbus A350 aircraft following the discovery of an engine component failure.
hp inc continues to pursue a $4 billion claim against Mike Lynch.
HP Inc announced on Monday that it will continue to seek damages of up to $4 billion from the estate of British billionaire Mike Lynch in the United Kingdom.
The American company has been seeking compensation for its acquisition of the British technology company Autonomy, alleging that the company's co-founder Mike Lynch orchestrated fraud to inflate the company's value.
Lynch's yacht sank off the coast of Sicily in August, and he has consistently denied any wrongdoing.
Cathay Pacific has grounded some Airbus A350 aircraft due to the discovery of engine component failures.
The European benchmark stock index has risen for four consecutive weeks, setting the longest winning streak since March. Investors increasingly believe that the European Central Bank will cut interest rates, and that the global economy will continue to grow.
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欧洲债市：德国国债下跌 交易员消化新债发行
Europe Stock Market: Stoxx 600 index remains unchanged, real estate stocks are boosted.
The spot market for US Treasury bonds was closed on Monday due to a US holiday; bond futures bear market steep, with the 10-year US Treasury futures yield rising 1.5 basis points from Friday's closing price.
European bond market: German government bonds fall, traders digest new bond issuance.