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Eyes on Today’s FOMC Minutes

Market Summary The Reserve Bank of New Zealand (RBNZ) delivered a larger rate cut by 50 bps, weighing heavily on the Kiwi dollar. The NZD/USD pair tumbled to a weekly low, under pressure from the central bank’s dovish stance, as policymakers signaled further rate cuts ahead to support the country’s struggling economy. Unlike the RBA,Continue Reading
Written on February 19, 2025 at 5:32 am
Categories: Daily Market Analysis
Renew Optimism Fuels Hong Kong Equity Market

Market Summary With U.S. markets closed for a public holiday, Chinese equities dominated global market attention. Investor confidence surged after President Xi met with top tech leaders, signaling a more accommodative stance toward the sector. The Hang Seng Index is nearing a five-month high, while the Hang Seng Tech Index has jumped over 25% thisContinue Reading
Written on February 18, 2025 at 5:47 am
Categories: Daily Market Analysis
DeepSeek Euphoria Propels HSI

Market Summary Wall Street struggled for direction as risk appetite remained muted, with several asset classes trading subdued. However, Hong Kong’s Hang Seng Index bucked the trend, surging over 300 points at the start of the week as capital poured into the local equity market, fueled by DeepSeek euphoria. In the forex market, the U.S.Continue Reading
Written on February 17, 2025 at 5:03 am
Categories: Daily Market Analysis
Tags: dollar, Gold, Retail Sales, Tariff, Yen
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