^HSI - HANG SENG INDEX
| Previous close | 28,513.00 |
| Open | 28,447.96 |
| Volume | 0 |
| Day's range | 28,066.13 - 28,470.10 |
| 52-week range | 24,540.63 - 30,280.12 |
| Avg. volume | 1,938,008,510 |
- FX Empire•12 hours ago
Futures Weighed by Geopolitical Tensions, Upcoming Fed Speeches in Focus
The global equity markets were mostly lower ahead of the opening bell as investors digested tensions between Iran and the US. There are two Fed member speeches today that stand to move the markets, depending on the message conveyed.
- FX Empire•20 hours ago
Asian Investors “Uncomfortable” After U.S. Official Dampens Positive Sentiment Ahead of Trump-Xi Meeting
The early sentiment in Asia indicates that sellers have gained the upper hand. It’s not a bearish tone, per se, but rather one being dictated by long liquidation by those investors who want to avoid the pain of another steep sell-off, and aggressive short-sellers betting on the worst outcome.
- FX Empire•2 days ago
Futures Rise Alongside Bonds and Oil Prices
US equities are set for a modestly higher open while global equities are mixed to start the new week. The focus for equity traders will be on a meeting between Trump and Xi that takes place later this week.
- FX Empire•5 days ago
Global Equity Market Gains Limited by Rising Middle East Tensions
The new worry is a potential escalation of the tensions between the United States and Iran. This could limit gains today by encouraging investors to lighten up their long positions.
- Financial Times•6 days ago
S&P 500 closes at record high after doves fly at central banks
US equities closed at a record high on Thursday as the series of dovish turns by central banks continued to drive the rally in global markets. The US benchmark S&P 500 finished 0.9 per cent higher at 2,954.18, besting the previous peak on April 30 by about 8 points. Jim Tierney, chief investment officer of AllianceBernstein’s concentrated US growth equities fund, said the S&P 500 record reflected the Fed’s dovish tilt ahead of the G20 meeting where the US and Chinese president will discuss a trade deal.
- FX Empire•6 days ago
Asian Shares Up on Rate Cut Expectations, Trade Deal Hopes
After presenting a plethora of data and projections, Fed Chair Jerome Powell held a press conference. It was at this press conference that he opened the door to the possibility of a rate cut as soon as July. He said, “Many participants now see the case for somewhat more accommodative policy has strengthened.”
- Financial Times•7 days ago
Wall Street rallies as Fed signals possible rate cut
US stocks and government bonds climbed on Wednesday after the Federal Reserve adopted a more dovish stance on interest rates, a day after a signal of more potential stimulus from the European Central Bank sparked one of the strongest global rallies of the year. The Fed left rates unchanged following its two-day policy meeting but now forecasts a rate cut in 2020, saying it would monitor incoming data and “act as appropriate to sustain the expansion”. Candice Bangsund, vice-president and portfolio manager at Fiera Capital, said the Fed “placated the doves” by adopting an increasingly cautious stance amid trade tensions and ahead of next week’s planned meeting between President Donald Trump and his Chinese counterpart, Xi Jinping.
- FX Empire•7 days ago
Asian Stocks Higher on Wall Street’s Lead Ahead of Fed Decisions
“The news on the talks in Osaka is a short term positive for asset markets, but we believe any talks will change little unless either side makes some meaningful concessions, which we do not view as likely at this time,” Pang added. While there is only a 20% chance of a rate cut in June, traders want to hear the Fed is leaning to its first cut in 10 years in July. If this isn’t stated clearly then the markets could weaken.
- Financial Times•7 days ago
Asia equities boosted by news of Trump-Xi meeting at G20
his Chinese counterpart Xi Jinping at the G20 summit later this month reignited hopes that trade talks could get back on track. Mr Trump said on Twitter on Tuesday that he had a “very good” phone conversation with Mr Xi and that their respective teams would begin talks ahead of the meeting in Osaka. Up until Mr Trump’s comments, the White House had not confirmed whether the two leaders would meet separately from the group setting.
- CNBC•8 days ago
European stocks surge following Draghi speech; Stoxx 600 up 1.8%
European stocks rebounded Tuesday following a speech from European Central Bank President Mario Draghi, which suggested that the ECB will provide more stimulus if inflation does not pick up.
- Associated Press•8 days ago
World shares rise after ECB says rate cuts possible
Global shares rose Tuesday after the president of the European Central Bank said it was ready to cut interest rates and provide stimulus if the economy needed it. Traders also focused on upcoming rate decisions by the U.S. Federal Reserve and the British and Japanese central banks this week.
- FX Empire•8 days ago
Asia Stocks Mixed; Aussie Shares Up as RBA Minutes Confirm Further Easing
Australian shares are moving higher on Tuesday after the Reserve Bank of Australia (RBA) said further easing was likely. However, investors are largely targeting defensive sectors ahead of the two-day Fed meeting.
- FX Empire•9 days ago
Futures Up With FOMC In Focus, Geopolitical Risks Mount, Markets Brace For More Tariffs
Global markets are mixed as geopolitical tensions mounts, Trump prepares to hike tariffs, and the FOMC meeting comes into sharp focus.
- Financial Times•9 days ago
US stocks drift higher as investors eye central bank meetings
Wall Street drifted higher following cautious trade across global markets, as investors kept their sights on a string of central bank meetings coming later this week. Brent crude came off a two-session rally after an attack on two oil tankers near the Straits of Hormuz stoked worries about potential supply disruption.
- Reuters•9 days ago
Ping An's OneConnect leaning towards New York over Hong Kong for IPO - sources
Ping An Insurance's OneConnect financial technology unit is leaning toward picking New York over Hong Kong for its initial public offering (IPO) in the hope of achieving a higher valuation, three people with direct knowledge of the matter said. Ping An Insurance Group Co of China Ltd, China's biggest insurer by market value, had been planning a Hong Kong IPO of the unit since the beginning of the year in a deal that could raise up to $1 billion. The insurer is now seeking to list OneConnect in New York as early as in September, said one of the people, who were not authorised to speak to media and so declined to be identified.
- Market Realist•12 days ago
Hang Seng Falls on China Worries, Nikkei and Sony Surge
China’s growth worries haunted global markets today but the tremors were strongest closer to the mainland, in Hong Kong.
- FX Empire•12 days ago
Tech Tanks, Tensions Rise In Middle East, China Data Disappoints The Market
Global markets are moving lower with chip stocks and tech in the lead. Weaker than expected data in China weighs on sentiment.
- Financial Times•12 days ago
Hong Kong stocks end turbulent week on downbeat note
In afternoon trading the index fell 0.7 per cent, adding to Wednesday and Thursday’s declines after the city was rocked by mass political demonstrations against a proposed bill that could see some criminal suspects extradited to mainland China for trial.
- CNBC•12 days ago
European stocks under pressure amid Middle East tensions; tech stocks down 1.5%
European stocks traded lower Friday as tensions heightened between the U.S. and Iran following attacks on two oil tankers in the Gulf of Oman on Thursday.
- FX Empire•13 days ago
Equities Snap Two-Day Losing Streak, Oil Leads Market After Tanker Incident, Trade Is Still In Focus
Global equities rebound, snapping a two-day losing streak as the June rally resumes its upward trajectory.
- Market Realist•13 days ago
Hang Seng Ends Flat after Protests and Nikkei 225 Slides Again
Hong Kong’s Hang Seng Index opened lower today and fell sharply in early trade in response to the political situation in the city. As life started getting back to normal in Hong Kong, the bulls returned and the index maintained upward momentum. The Hang Seng closed almost flat at the end of the session.
- AFP•13 days ago
Tokyo stocks close lower after Wall Street losses
Tokyo stocks closed lower on Thursday, taking a negative lead from Wall Street amid lingering worries over the US-China trade war, while concerns over Hong Kong protests also weighed on the market. "Japanese stocks fell, carrying over the negative tone in US stocks," Okasan Online Securities said in a note. "The yen strengthened against the dollar and the losses of Hong Kong shares weighed on the market," it said.
- CNBC•13 days ago
European stocks set to open lower again as Brexit uncertainty deepens
European stocks were expected to open lower again Thursday as U.K. lawmakers signaled the country is still open to leaving the European Union without a deal in place, a move which is bound to unnerve investors.
- CNBC•14 days ago
Stocks in Asia mixed with Hong Kong shares falling after protests
Hong Kong's Hang Seng index fell 0.64%, as of its final hour of trading. The benchmark index had closed 1.73% lower on Wednesday, amid violent protests over a controversial extradition bill.
- Barrons.com•14 days ago
The Dow Fell 44 Points Because the Trade War With China Is Hurting Oil Prices
The three main U.S. stock indexes closed slightly in the red on Wednesday. Energy stocks were worst-performing sector, dragged down by slumping oil prices, while utilities rose as uncertainties drove investors to safer corners.
