March 20, 2019
Asia stocks finished flat today as traders await the U.S. Federal Reserve meeting later during US session. Media reports have suggested that progress in relation to China-US trade negotiations have been stymied with the Chinese unwilling to yield to US demands. In Japan, the Nikkei225 main index added 0.20 percent to 21,608 and the Hang Seng benchmark in Hong Kong finished 0.32 percent lower at 29,368.
February 27, 2019
Major markets saw corrective price action on profit booking post yesterday’s price rally inspired by Sino-U.S. trade optimism and investors now await Powell’s speech for short term directional cues while awaiting headlines on UK parliament session tomorrow.
January 31, 2019
Asian stocks finished the session close to four-month highs, following Wall Street indices, after the FED pledged to be patient in raising rates going forward. Shares in Japan was 1.06% higher at 20,773, and the Shanghai Composite index is gaining 0.35 percent. In Hong Kong, the Hang Seng index finished 1.04 percent higher at 27,935, and South Korea’s Kospi added 0.2%. Australian stocks have not been able to replicate the positive performance in other Asia markets with ASX200 giving up 0.4 percent to 5,864.
January 28, 2019
Opening remarks by Mr Eddie Yue, Deputy Chief Executive of the Hong Kong Monetary Authority, at the Hong Kong-Paris Financial Seminar, co-organised by the Hong Kong Monetary Authority and Paris Europlace, Hong Kong, 16 January 2019.
January 21, 2019
China revealed a bunch of economic data. On an annual basis, fourth-quarter GDP was 6.4%, and the consensus was 6.4%. Analysts were expecting retail sales to be 8.2%, and they came in at 8.2%. Industrial output was 5.7%, while traders were anticipating 5.3%. Fixed asset investment was 5.9%, and economists were expecting 6%. China’s economy grew by 6.6% in 2018, its slowest pace since 1990. Brexit will remain in focus this week.