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On September 24th, the People's Bank of China introduced a series of policy measures that ignited a frenzy among investors. These actions alleviated concerns regarding the stock and housing markets, leading to a "Super Tuesday" for Chinese assets. Trading activity was so intense that it caused glitches and delays in processing orders.
Hong Kong's Hang Seng Index surged 13% this week, marking its best perfo...
Hong Kong's Hang Seng Index surged 13% this week, marking its best perfo...
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The US Federal Reserve initiated its easing cycle with 50 basis points rate cut last week. This week, Chinese markets joined the trend on Tuesday by cutting the rate by 50 basis points. This decision sparked a rally, with the $Hang Seng Index (800000.HK)$ and $SSE Composite Index (000001.SH)$ rising more than 4% in a single day. On the same day, the Reserve Bank of Australia left its cash rate unchanged at 4.35%. Howe...
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Bitcoin surged to a one-month high on Monday, extending its rally after last week's significant Federal Reserve rate cut. FXTM Senior Market Analyst Lukman Otunuga highlighted that looser financial conditions could signal a favorable outlook for bitcoin bulls, driving increased demand for digital assets.
Historically, Bitcoin has shown a cyclical performance, with certain months consistently delivering weaker or stro...
Historically, Bitcoin has shown a cyclical performance, with certain months consistently delivering weaker or stro...
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