HKMA responds to Fed rate decision and stated the future trend of US interest rates is quite uncertain, while it added it will maintain monetary and financial stability
The HKMA's comments indicate a cautious stance on the uncertain trajectory of US interest rates, which could reflect broader concerns about global monetary policy.
[MARKET UPDATE] Oil futures pare most of their earlier gains following the comments from US President Trump that there will be no more attacks by Israel on Iran's South Pars Field
Qatar says two if the three fires were contained at Ras Laffan gas facility
HKMA responds to Fed rate decision and stated the future trend of US interest rates is quite uncertain, while it added it will maintain monetary and financial stability
Warning sirens sound in Bahrain, according to Al Jazeera
[MARKET ANALYSIS] Asia-Pac stocks declined after recent surge in oil and hawkish Powell comments
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Says:
- Will closely monitor market developments.
- Hong Kong markets continue to operate in an orderly manner.
Maintaining stability while monitoring market developments suggests they are ready to respond as needed, potentially influencing market sentiment in both fixed income and FX, especially regarding the HKD's peg to the USD.
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