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According to CPCA data, Tesla China sold 86,166 vehicles in August.
2026-09-02
According to CPCA data, Tesla China sold 86,166 vehicles in August.
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2026-09-02
Australia's economy unexpectedly accelerated in Q2, strengthening the case for further tightening by the RESERVE BANK OF AUSTRALIA. The Australian Bureau of Statistics reported Q2 GDP +0.4% QoQ (consensus 0.3%) and +2.1% YoY (consensus 1.8%). The pri
Australia's economy unexpectedly accelerated in Q2, strengthening the case for further tightening by the RESERVE BANK OF AUSTRALIA. The Australian Bureau of Statistics reported Q2 GDP +0.4% QoQ (consensus 0.3%) and +2.1% YoY (consensus 1.8%). The prints suggest prior RBA measures to curb inflation have not materially slowed activity. GDP will be a key input ahead of the RBA's Sep 28–29 meeting. NAB economist Sally Auld, after stronger-than-expected inflation, now expects a September hike and said the risk of a further November increase "leans to the upside." The RBA held rates unchanged for a second straight meeting last month after three hikes from Feb–May.
2026-09-02
JP Morgan strategists say consumer confidence and corporate profit growth appear to have bottomed, creating scope for a turnaround in European luxury stocks. Historically, following a trough in the University of Michigan consumer sentiment index, the
JP Morgan strategists say consumer confidence and corporate profit growth appear to have bottomed, creating scope for a turnaround in European luxury stocks. Historically, following a trough in the University of Michigan consumer sentiment index, the European luxury sector has outperformed the broader market by about 9-12% over the subsequent 12 months. Despite ongoing earnings warnings and cautious guidance across consumer cyclicals, JP Morgan is currently overweight the luxury sector globally, citing a potential wealth-effect recovery.
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