Asia-Pacific Cross-Border M&A Booms as Japan Drives Growth 
Global Markets Waver as Fed Signals Caution on Rate Cuts; Oil Ends Flat Amid Middle East Tensions 
Wedbush Predicts Double-Digit Surge in Tech Stocks as AI Boom Drives Spending 
Fed's Powell Signals More Rate Cuts, Emphasizes Data-Driven Approach 
HSBC: Global Equity Fund Inflows Surge on China Stimulus, Rate Cuts 
Mizuho Analysts Raise Nvidia AI GPU Shipment Forecast for 2025 
Russia Faces Critical Yuan Shortage as U.S. Sanctions Threaten Chinese Banking Ties 
California Becomes Key Battleground in Fight for U.S. House Control 
Asian Stocks Slip Amid Fed Caution; Dollar Strengthens 
Textile Retailers Face Challenges in Second Half, But Consumer Optimism Grows: Morgan Stanley 
Tariffs Could Reignite Inflation, UBS Warns 
Harris Favored to Win Presidency, But Trump Could Gain if Economy Weakens 
Federal Court Partially Dismisses FTC's Antitrust Lawsuit Against Amazon 
Oil Prices Decline 17% in Q3 Amid Global Demand Concerns and Middle East Tensions 
Chinese Stocks Rally as Beijing Rolls Out Major Stimulus Measures 
Oil Prices Surge Amid Heightened Middle East Conflict 
Israel Escalates Conflict with Ground Raids into Lebanon 
Australia's retail sales surged 0.70% m/m in August, well above the expected 0.40%. Annual retail sales rose by 3.1%. The jump was mainly due to warm weather, which increased the sales of clothing and cafes.
Robert Ewing, head of business statistics at the Australian Bureau of Statistics (ABS), explained that “this year was the warmest August on record since 1910, which saw more spending on items typically purchased in spring.” Categories that saw increased demand included summer clothing, liquor, outdoor dining, hardware, gardening supplies, camping gear, and outdoor equipment.
Major resistance- 0.7000
Near-term resistance - 0.6950
Minor support- 0.6860,0.6800
Trend reversal level- 0.6620
