First Look With Surveillance: China Weakens, Goldman Expects

The video covers global market trends, starting with a sell-off in Asia affecting global sentiment, particularly in China. It discusses currency fluctuations, notably the dollar-yen pair, and commodity trends like copper. European markets show resilience despite Chinese sentiment, with natural gas supply concerns. The US market sees tech sector gains, while China's property sector faces liquidity issues. Goldman Sachs predicts Fed rate cuts in 2024, driven by policy normalization. Lastly, US Steel rejects a takeover bid from Cleveland Cliffs, highlighting strategic industry moves.

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