HSBC downgrades Indonesia stocks to neutral, citing concerns over growth
HSBC's downgrade of Indonesian stocks to neutral reflects evolving concerns about the country's growth outlook.
LME trading has now opened following a delay due to technical issues
[MARKET UPDATE] Metal prices are mildly pressured with spot gold down and silver down 0.7%-0.8%, while CME copper futures are lower by 1.0% amid the mostly subdued risk appetite and with demand also not helped by the delay in LME trading due to issues
HSBC downgrades Indonesia stocks to neutral, citing concerns over growth
White House clarifies that US sanctions relief for Venezuela covers refining and other downstream activities, but not upstream production and White House official says more announcements on Venezuela sanctions easing are expected
US President Trump and Democrats say a deal is reached to avert a shutdown in which the Senate would move quickly to pass five of the six spending bills that have cleared the House, according to WSJ
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This move could signal caution among investors, impacting sentiment in the broader Asian equity market, particularly if other analysts follow suit or if economic data continues to reveal signs of weakening.
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