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$SSE Composite Index (000001.SH)$
With the Japanese rate hike, the strengthening of CYN against USA are the catalysts benefiting SSE composite index. Entry level at support level of 2900
With the Japanese rate hike, the strengthening of CYN against USA are the catalysts benefiting SSE composite index. Entry level at support level of 2900
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The dollar and Asian stocks fell as Biden announced his withdrawal from the 2024 US presidential election and supported He Jinli to take over.
The Bloomberg Dollar Spot Index $USD (USDindex.FX)$Fell 0.2% on Monday, with the Mexican peso rising.
Faced with constant pressure within the Democratic Party, Biden had to give up his re-election campaign and withdraw from the November election. The stock markets in Japan and South Korea opened lower, and the Australian stock market weakened. Hong Kong stock index futures held steady.
$Korea Composite Index (.KOSPI.KR)$
$Nikkei 225 (.N225.JP)$
$S&P/ASX 200 (.XJO.AU)$
$Hang Seng Index (800000.HK)$
The question facing investors is whether it is still necessary to stick to Trump's trade since Biden has abandoned his bid for re-election.
The market may experience significant volatility as traders wait to see if He Jinli can win the party's nomination while weighing whether she can gather enough momentum to challenge Trump's current lead in the polls.
"People's subconscious reaction is that this is not good for the US dollar, but it is still too early to draw conclusions," said Olga Yankovskaya, director of emerging market research and strategy at Credit Agricole CIB.
"This largely depends on Hua Jili's initial appearance, the choice of campaign partners, and the reaction of swing state polls."
On the commodity side, crude oil and gold prices rose in early trading.
Biden drops out of the race...
The Bloomberg Dollar Spot Index $USD (USDindex.FX)$Fell 0.2% on Monday, with the Mexican peso rising.
Faced with constant pressure within the Democratic Party, Biden had to give up his re-election campaign and withdraw from the November election. The stock markets in Japan and South Korea opened lower, and the Australian stock market weakened. Hong Kong stock index futures held steady.
$Korea Composite Index (.KOSPI.KR)$
$Nikkei 225 (.N225.JP)$
$S&P/ASX 200 (.XJO.AU)$
$Hang Seng Index (800000.HK)$
The question facing investors is whether it is still necessary to stick to Trump's trade since Biden has abandoned his bid for re-election.
The market may experience significant volatility as traders wait to see if He Jinli can win the party's nomination while weighing whether she can gather enough momentum to challenge Trump's current lead in the polls.
"People's subconscious reaction is that this is not good for the US dollar, but it is still too early to draw conclusions," said Olga Yankovskaya, director of emerging market research and strategy at Credit Agricole CIB.
"This largely depends on Hua Jili's initial appearance, the choice of campaign partners, and the reaction of swing state polls."
On the commodity side, crude oil and gold prices rose in early trading.
Biden drops out of the race...
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Chyee
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$SSE Composite Index (000001.SH)$ tomorrow huge rebound
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Chyee
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Morning mooers! It is Thursday, June 6th, the market is pulling back a bit from all time highs hit three minutes before the market closed yesterday. $NVIDIA (NVDA.US)$ hit its own all time highs Wednsday, climbing above $3T in market cap and to the second position for most valuable companies, but pulled back Thursday before the stock is due to split 10-1 Friday June 7th.
My name is Kevin Travers. I am home sick today, but h...
My name is Kevin Travers. I am home sick today, but h...
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Chyee
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$SSE Composite Index (000001.SH)$ what do you think?
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$SSE Science and Technology Innovation Board 50 Index (000688.SH)$ Next, if the national stops the constituent index of the sse science and technology innovation board 50 index, the sse science and technology innovation board 50 index can stabilize and stop falling.
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Chyee
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$Hang Seng Index (800000.HK)$ $HSI Futures Current Contract (HSIcurrent.HK)$ fun fact, if u invested in hang seng index back in 1997 and held until today, you wouldve made an astonishing return of 1% congrats!!!
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Chyee
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$Hang Seng TECH Index (800700.HK)$
If you followed my previous post about bearish patterns popping up around the market, then I've got another one for you. Check out the previous post in the link below.
Another Bearish Technical Development
When sentiment in equity marktes worldwide is turning bearish, then you will see a lot of the more bearish technical patterns showing up in the charts. Here is an example below with the Hang Seng Index. A head and s...
If you followed my previous post about bearish patterns popping up around the market, then I've got another one for you. Check out the previous post in the link below.
Another Bearish Technical Development
When sentiment in equity marktes worldwide is turning bearish, then you will see a lot of the more bearish technical patterns showing up in the charts. Here is an example below with the Hang Seng Index. A head and s...
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Chyee
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$AERWINS Technologies (AWIN.US)$ slow progress is still progress, we’re gaining momentum! Plus our volume has been picking up daily! Before friday we are going to get that massive jump we want, and we gone laugh all the way to the bank!🤑#DONTMISSOUT #DONTSLEEPONIT #PROFITVILLE
$MetLife (MET.US)$ $Tuya Inc (TUYA.US)$ $EBET Inc (EBET.US)$ $T2 Biosystems (TTOO.US)$ $AMC Entertainment (AMC.US)$ $GameStop (GME.US)$ $Rivian Automotive (RIVN.US)$ $Mullen Automotive (MULN.US)$ $Nike (NKE.US)$ $Frequency Electronics (FEIM.US)$ $Fifth Third Bancorp (FITB.US)$ $TC BioPharm (TCBP.US)$ $Tesla (TSLA.US)$ $Genco Shipping & Trading (GNK.US)$ $JinkoSolar (JKS.US)$ $Activision Blizzard (ATVI.US)$ $Snow Lake Resources (LITM.US)$
$MetLife (MET.US)$ $Tuya Inc (TUYA.US)$ $EBET Inc (EBET.US)$ $T2 Biosystems (TTOO.US)$ $AMC Entertainment (AMC.US)$ $GameStop (GME.US)$ $Rivian Automotive (RIVN.US)$ $Mullen Automotive (MULN.US)$ $Nike (NKE.US)$ $Frequency Electronics (FEIM.US)$ $Fifth Third Bancorp (FITB.US)$ $TC BioPharm (TCBP.US)$ $Tesla (TSLA.US)$ $Genco Shipping & Trading (GNK.US)$ $JinkoSolar (JKS.US)$ $Activision Blizzard (ATVI.US)$ $Snow Lake Resources (LITM.US)$
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