Economy, out of woods?

Over the long term, China is expected to sustain moderate growth, but as of now, there does not seem to have a quick fix. China's trade data due on Thursday is in focus. What data is expected? The exports and imports in August will contract, and more slowly. The dollar index strengthened to 104.7, driven by a risk-off sentiment following disappointing PMIs for China and Europe. The yield on the US 10-year Treasury note continued to march higher to above 4.2%. The ISM Services PMI jumped to 54.5 in August 2023 (52.7 – Jul; 52.5 – forecasted). Clearly, positive sentiments about business and economic conditions are visible in the US.

Brent crude held above $90 per barrel as OPEC+ majors Saudi Arabia and Russia extended their voluntary supply cuts through the rest of the year. Gold held below $1,930 an ounce, weighed down by a strong dollar. The glittering metal also faced downward pressure from rising Treasury yields. The prices of most industrial metals in London fell today, thanks to a strong US dollar. 3M copper on the LME was little unchanged to $8,412 a ton weighed down by rising inventories (107kt, the highest since Oct 2022) in the LME warehouses 3M Ali was marginally up to $2,206 a ton. Nickel, zinc, lead, and tin slipped a bit but not substantially.

I am tempted to talk about Katman suing many other companies but would refrain myself for not having a full clarity. Can you help me?