Asia Pacific markets mixed, Hong Kong real estate stocks rose before John Lee’s speech

Hong Kong real estate shares soar ahead of annual policy speech Shares of Hong Kong-listed real estate companies rose in morning trading ahead of Chief Executive John Lee’s speech. Chinese overseas land and investment increased by 5% CK . origin 2.75% profit and Sino Land Added 2.5%. country garden It also added 4.26% before Lee’s … Read more

The movement of the Asia-Pacific markets was mixed after the decline in US stocks

Mizuho: OPEC+ production cut confirms ‘explicit desire for price recovery’ The decision of OPEC and its allies Production cut by 2 million barrels per day Vishnu Varathan, head of economics and strategy at Mizuho Bank, stresses the group’s explicit desire for a price recovery, not just support. He wrote that a supply cut of around … Read more

European markets rebounded with the rise of global markets; Stokes 600 up 2.5%

US stocks open higher; Dow jumps 400 points US stocks opened higher on Tuesday as Wall Street sought to Building on a steep rise seen in the previous session. The Dow Jones Industrial Average jumped 388 points, or 1.3%, in early trading while the S&P 500 gained 1.9%. The Nasdaq Composite Index is also up … Read more

Stocks drop, Chinese yuan tops 7.2 against the dollar

Chinese yuan at weakest level since 2008, dollar index strengthens The offshore and inbound Chinese yuan has breached 7.2 against the dollar, hovering at its weakest level since early 2008. The US dollar index also strengthened 0.33% to trade at 114.47. Japan Consumer Inflation May Fall in 2023: Bank of Japan Meeting Minutes Consumer inflation … Read more