US Dollar Gains as Investors Seek Safety Amid Israel-Palestinian Conflict
Investor Confidence Wavers Amidst Israel-Palestine Conflict, Boosting US Dollar and Japanese Yen
Day: 9 October 2023
China’s Holiday Data Reveals Slower Economic Recovery Than Anticipated
During China’s Golden Week holiday, the amount of money spent and the number of trips taken within the country didn’t meet the expectations set by the government. This puts pressure on policymakers to consider more aggressive economic stimulus measures. Official data reveals that during the eight-day holiday starting on September 29, there were approximately … Read more
Chinese Stock Market Sees Decline as Traders Resume Trading After Golden Week Holiday
Holiday Spending Falls Below Official Expectations Despite a Surge. Mainland Trading Resumes Amid Escalating Global Market Volatility.
HSBC Expands in China with $3.6 Billion Purchase of Citi’s Retail Assets
HSBC is strategically shifting its focus to Asia in pursuit of increased profitability, a move coinciding with China’s economic growth challenges.
Oil Prices Surge Amid Middle East Tensions, Gold Sees Gains: Market Update
Brent and West Texas Intermediate Approach $90 per Barrel, While Mainland China Stocks Drop as Post-Holiday Trading Resumes