Market Volatility: Asian and Global Markets React to China Concerns, Oil Prices, and Bond Market Pressure

Global markets, including U.S. and Asian stocks, are caught in a "doom loop" characterized by rising U.S. bond yields, a strong dollar, higher oil prices, tightening financial conditions, deepening growth fears, decreasing risk appetite, and fragile equity markets. Despite sporadic rebounds, the S&P 500 has struggled to gain momentum this month. Meanwhile, China's Evergrande crisis continues to deepen, impacting the country's property market and global copper prices. While there are signs of a modest recovery in China's economy, it may take time for momentum to shift. Key developments to watch include Australia's retail sales, Germany's CPI inflation, and a speech by Fed Chair Jerome Powell.