Investors are also eyeing fighting in Ukraine and a resumption of hostilities in Gaza after a three-day cease-fire ended. "Investor attention is focused mostly on geopolitical events," said a market note from Wells Fargo Advisors.
Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report.
Analysts also cited Chinese trade data, which showed July exports surged 14. 5 per cent, an encouraging figure for the world's second-biggest economy.
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Read more here: Business Spectator