Hang Seng Index

Following The Federal Reserve’s Rate Hike, Asia-Pacific Markets Traded Lower In Anticipation Of Future Increases

After the United States Federal Reserve raised its reference interest rate by half a per cent to reach 15 years of record-breaking heights, Asia-Pacific markets dropped. Today, the Hang Seng index plummeted by 1.4%, while in mainland China, the Shenzhen...

Asian Stock Tumbles on Fed Hawkish Outlook

The US Federal Reserve is faithful to its higher-for-longer interest rates, demonstrating it last  November when the Fed espoused a more hawkish outlook than expected. Chinese equities were severely impacted because of this. "The Fed hike may lead to Asian...

AUD/USD Trades Higher Than Expected, Will Test 50-Day SMA

The AUD/USD trades above the September low, coming from the recent stronger-than-expected local CPI reading.  If the trade value clears the October opening range, the exchange rate may attempt to test the 50-day SMA. On October 27, the AUD/USD traded high...

AUD Bounced Higher May Cause RBA To Take Action

The Australian dollar's value was boosted during the last week of October. This was due to the weaker US dollar and a stronger-than-expected local CPI reading. The RBA didn't expect these factors. The weaker US dollar was brought about by...

Australia’s Interest Rates At Its Highest in 32 Years, Hang Seng Index Shows Rebound

The Australian Bureau of Statistics (ABS) recently published a report showing that the consumer price index (CPI) exceeded the forecasted 1.6 increase, ending the September quarter at 1.8.  The annual rate went up to 7.3% from the previous year's 6.1%....
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