Thursday , 7 November 2024
Home Forex China and Hong Kong Stocks Drop Amid Trump Presidency Fears and Stimulus Expectations
Forex

China and Hong Kong Stocks Drop Amid Trump Presidency Fears and Stimulus Expectations

China stocks fall again at open as investors brace for Trump presidency China and Hong Kong stocks
started lower on Thursday – info via Reuters.

Investors are wary of heightened
tensions around security and trade in a second Donald Trump
presidency.

On the other hand, the Chinese leadership meeting, the National People’s Congress Standing Committee, is expected to bring further stimulus measures. This concludes on Friday.

Price action hasn’t conveyed too much angst on the election. Down a little from its high of the week:

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Gold price remains tepid despite a steady US Dollar ahead of Fed decision

Gold price (XAU/USD) extends its losses for the second successive session on...

PBOC governor Pan says will continue to implement supportive monetary policy

Will strengthen communication with marketsTo steadily promote opening up of China's financial...

Saudi Arabia Gold price today: Gold falls, according to FXStreet data

Gold prices fell in Saudi Arabia on Thursday, according to data compiled...

Chart Art: Potential Pullback Points After Bitcoin (BTC/USD) Hit Fresh Record Highs

Bitcoin was one of the biggest movers yesterday after Trump’s election win...