Alibaba is reportedly facing pressure from the Chinese government to reduce its holdings of media assets such as the South China Morning Post and Weibo, in another potential source of conflict for its founder Jack Ma
"One particular economic number that traders will pay attention to today is the US Retail Sales. The forecast is for -0.5%, while the previous reading was at 5.3%. A strong reading will confirm that Americans are feeling confident about their spending. This will be another signal that the Fed may not want to ignore."
Naeem Aslam, Chief Market Analyst at AvaTrade
08 Climate pledge concern
Critics say China is taking 'baby steps' towards its pledge to achieve carbon neutrality by 2060; But others say the country is likely to over-achieve its targets, and indicators on energy in the new 5-Year Plan will still restrict coal consumption; more detail is expected