US President Joe Biden announces a new Indo-Pacific security partnership with the UK and Australia - riling China. The French government meanwhile, voices its disappointment to have been excluded from the pact. In Germany, the front-runner to succeed Angela Merkel as Germany's next Chancellor, Olaf Scholz is summoned to appear before lawmakers over a money laundering scandal, just days before the country heads to the polls. And billionaire investor Ray Dalio makes waves in the crypto space, telling CNBC that regulators will crush bitcoin if it poses a threat to central banks. We take a look at global markets where Hong Kong is under heavy pressure once again, while Wall Street bounces back, and the S&P posts its best day in two weeks.

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