Commentary

Federal Reserve Announced an Interest Rate Cut Of 50 Basis Points

CSI300 gained 1.3% There are only three trading days this week. The CSI 300 rose 1.3% this week on volume below the average and lower than the last week. The market condition was Rally Attempt. The index rebounded quickly after hitting a new recent low during the session on Wednesday.

The Biggest Positive This Week Was the Federal Reserve’S Announcement Of a 50 Basis Point Rate Cut

Hang Seng raised 5.1% This week, the Hang Seng Index rose by 5.1%, while the Hang Seng Tech Index gained 6.4%. Due to the Mid-Autumn Festival, the market was closed on Wednesday, with the remaining four trading days all posting gains. The biggest positive this week was the Federal Reserve’s

Happy Mid-Autumn Festival

CSI300 dropped 2.2% The CSI 300 fell 2.2% this week on volume below the average and lower than the last week. The market condition was Downtrend. The index gapped lower on Monday. It closed at the week’s low of 3159 on Friday, near the Feb. 2 low of 3108. August

This Week, the Hang Seng Index Showed a Pattern Of Early Decline Followed by a Rebound

Hang Seng fell 0.4% This week, the Hang Seng Index fell by 0.4%, while the Hang Seng Tech Index declined by 0.2%, showing a pattern of early decline followed by a rebound. The market opened with a gap down on Monday, weighed down by weak domestic August CPI and PPI

Pay Attention to the U.S. Non-Farm Payrolls Data This Friday

CSI300 dropped 2.7% The CSI 300 fell 2.7% this week on volume below the average and lower than the last week. The market condition was Downtrend. The index continued to fall this week. Support is back to the February 2 low of 3108. Resistance remains at the 21DMA. The official

The Overall Performance Of the Hong Kong Stock Market This Week Was Weak

Hang Seng fell 3.0% This week, the Hong Kong stock market was closed on Friday due to the typhoon. As of Thursday, the Hang Seng Index had fallen by 3.0%, while the Hang Seng Tech Index dropped by 2.0%, with both indices breaking below their 50-DMA. The overall performance of