U.S. Retail Data Boosts Rate Cut Bets Amid Wealth Management Stock Decline

U.S. retail data has increased expectations for interest rate cuts, as several wealth management companies experience a sharp decline in stock prices. Bloomberg posted on X, highlighting the anticipation surrounding Wednesday's U.S. non-farm employment report. The report is expected to provide further insights into the economic landscape. The focus remains on both Chinese and global markets, with updates available through daily briefings and audio broadcasts.