Tag: DXY Currency Index US Dollar

  • China encourages vaccination of the elderly; Hong Kong closes up 5%.

    China says it is closely watching developments in the virus when asked about the policy shift Chinese health authorities said officials were “closely watching” Covid developments when asked if the protests in the region would lead to shifts in the zero Covid policy. “China is closely following and watching the virus as it evolves and […]

  • Hong Kong stocks led losses in Asia due to Chinese unrest, and oil is at a low in 2022

    India’s inventories are at historic highs Indian stocks hit new highs in Monday’s session. The nifty 50 index, The main index on the National Stock Exchange of India touched 18,611.05, breaking the all-time intraday high of 18,604.45 seen on October 19, 2021. The Sensex reached 62,690.39 in the India morning session, also surpassing the previous […]

  • Economies booming with Russian wealth and immigration

    Russians cross the border between Russia and Georgia days after President Vladimir Putin announced a mobilization campaign on September 21. Daru Solakuri | Getty Images News | Getty Images While many economies are suffering from the impact of Russia’s invasion of Ukraine, a select few countries are benefiting from the influx of Russian immigrants and […]

  • Fed Minutes, Bank of Korea Decision, Sri Lanka

    Malaysian stocks rose with the announcement of the Prime Minister’s State Palace Listed shares rose in Malaysia as the state palace announce Anwar Ibrahim, Prime Minister of the nation. pointer KLCI Index It was trading up 3.86% following the previous negative sessions, and it traded at the highest levels in more than two months. communication […]

  • JPMorgan sees four possible outcomes for the economy, and only one of them is good

    The global economy faces four possible scenarios in the future — none particularly great — although there is a 1 in 5 chance that a recession won’t take hold, according to economists at JPMorgan Chase. In the most likely case for the company, the United States would likely experience a downturn in the latter part […]

  • Hong Kong stocks led losses as coronavirus cases surged in China; Asian markets are mixed

    JD.com shares plunge after the company cut senior management salaries Hong Kong shares listed JD.com It was trading down more than 5% in the afternoon after the company confirmed a pay cut for its senior management team. The Chinese e-commerce giant has confirmed that it will cut cash salaries for its senior management team by […]

  • Asia-Pacific markets trade less; China keeps the LPR steady

    Analysts said Malaysian voters were leaning conservative in the weekend’s polls Analysts said the absence of a clear winner-takes-all coalition in Malaysia’s elections this weekend shows that the country’s politics are changing. While reforms to the long-ruling Barisan National Coalition were once popular, voters including young people lean towards more conservative and religious parties. Oh […]

  • Hong Kong stocks rise, Asian markets mixed before Fed rate decision

    Hong Kong halts trade after typhoon warning The Hong Kong Stock Exchange halted trading at 1:55 pm, after the Hong Kong Observatory Tropical Cyclone No. 8 issued a warning signal. Commentary follows Hong Kong Stock Exchange guidelines websitewhich states that trading will end 15 minutes after the signal is issued. “There will be no closing […]

  • Stock exchange fluctuations in Hong Kong, Asian markets varied; China’s PMI shrinks to deflation

    Macau casino stocks battle losses, post gains in China visa news Hong Kong-listed Macau Games shares pared losses after updating the visa policy for mainland Chinese residents seeking to travel to Macau. The Chinese Immigration Bureau said in a statement on WeChat that mainland residents can Travel to the game center Through the online visa […]

  • Stocks fell, and the Japanese yen approached 150 against the dollar

    Hong Kong-listed airlines briefly climb due to report China discusses quarantine reduction Shares of some Chinese airlines listed on the Hong Kong stock exchange briefly rose after a Bloomberg report that Chinese officials are discussing reducing the quarantine period for incoming travelers. Soon after the report, China Southern Airlines stock is up about 3%, Air […]