US stocks barely moved on Friday. President Joe Biden, House Speaker Kevin McCarthy, and other congressional leaders are planning to meet on Tuesday to discuss budget negotiations in order to avoid a US government default. In the Turkish presidential election, President Erdogan failed to win a majority of the votes, leaving him with 49.3% of the votes and his opponent, Kemal Kilicdaroglu, with 45%. Mensur Pocinci our Head of Technical Analysis provides a technical update on Chinese financial markets following the steep decline in Chinese interest rates.
00:14 Introduction by Bernadette Anderko (Investment Writing)
00:33 Markets wrap-up by Alexander Petersen (Investment Writing)
04:14 Technical analysis update by Mensur Pocinci (Head of Technical Analysis)
06:20 Closing remarks by Bernadette Anderko (Investment Writing)
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