Hang Seng mixed as China inflation rises but deflation worries linger
HKG33 finds support after consumer prices accelerated in November, but deflation fears persist
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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HKG33 finds support after consumer prices accelerated in November, but deflation fears persist
The pair drops after the Australian central bank kept rates unchanged and delivered a hawkish message, while USD faces headwinds from Fed rate cut bets.
USOIL tries to maintain its momentum from last week’s advance amid Fed rate cut bets and ongoing Ukraine war, but supply-demand dynamics remain unfavorable.
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Copper breached 4.000 for the first time in four months as markets assess Trump’s potential impacts, but finds tries to find reprieve after China announced the end of export tax rebates
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The victory of Donald Trump in last week’s elections send Wall Street soaring, with US 2000 outperforming the broader SPX500
Although its major peers are cutting rates, the RBA does not go do down this road and the Aussie reacts higher
The pair drops and heads towards its worst month of the year, as Australian inflation showed further moderation and is likely to add pressure to the RBA to follow its peers and start cutting rates
The pair has entered its fourth straight profitable week as bets of another hike by the BoJ this year dissipate and the Fed adopts a more served approach around easing
The pair extends this month’s losses, as UK inflation dropped below the 2% target for the first time in over three years, strengthening the case for bolder rate cuts by the central bank
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