Commentary

Turmoil in Global Financial Markets

CSI300 dropped 1.6% The CSI 300 fell 1.6% this week on volume below the average and lower than the last week. The market condition was Rally Attempt. The index continued to adjust this week and remains below all key moving averages. Support is at the Feb. 2 low of 3108.

The Market Experienced Significant Volatility

Hang Seng raised 0.9% This week, the Hang Seng Index rose by 0.9% and the Hang Seng Tech Index increased by 1.5%. The market experienced significant volatility. After last week’s ‘Black Friday’, the global stock markets faced an even more severe ‘Black Monday’ this week, with intensified sell-offs and a

The Market Experienced Significant Volatility Throughout the Week

Hang Seng fell 0.5% This week, the Hang Seng Index fell by 0.5%, while the Hang Seng Tech Index dropped by 1.7%. The market experienced significant volatility throughout the week. On Monday and Wednesday, positive news such as the central bank injecting liquidity through large-scale reverse repos, the U.S. delaying

Fed Left Interest Rates Unchanged

CSI300 dropped 0.7% The CSI 300 fell 0.7% this week on volume below the average and lower than the last week. The market condition was Rally Attempt. This week’s index is more fluctuated. It gapped down on Tuesday. Then it surged on larger volume on Wednesday. Afterwards, it continued to

Next Week, China’S July Pmi Data Will Be Released

Hang Seng fell 2.3% This week, the Hang Seng Index fell by 2.3%, losing its 200-DMA, while the Hang Seng Tech Index dropped by 2.6%. Despite a brief rebound on Monday, fueled by the news of an interest rate cut by the central bank, this boost failed to sustain the

The One-Year And Five-Year Lprs Were Reduced by 10 Basis Points Each

CSI300 dropped 3.7% The CSI 300 fell 3.7% this week on volume above the average and higher than the last week. The market condition was Rally Attempt. The index fell in quick succession this week, breaking below the July 9 low of 3,385 during the session. The next support turned