It took two attempts, but German conservative leader Merz was elected chancellor by parliament on Tuesday after an unprecedented defeat on the first attempt got his coalition government off to a wobbly start. Market sentiment took another U-turn yesterday, with global equities falling back for a second day ahead of today’s US Federal Reserve rate decision. News that trade negotiations are going well and that initial US and China trade talks will take place this Saturday did little to improve investors’ mood. Richard Tang, Head of Research in Hong Kong, discusses how markets reacted to the news and provides more details on Beijing’s policy measures as well as the geopolitical tensions between India and Pakistan.

00:00 Introduction: Bernadette Anderko, Investment Writing

00:28 Markets wrap-up: Jan Bopp, Investment Writing

06:09 Asia update: Richard Tang, Head of Research Hong Kong

14:29 Closing remarks: Bernadette Anderko, Investment Writing

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