[MARKET UPDATE] Hang Seng (-0.4%) and Shanghai Comp (-0.3%) open lower as the region conforms to the losses seen stateside
The weaker open for the Hang Seng and Shanghai Composite reflects the fallout from losses in the U.S.
US President Trump says no plans to remove Fed Chair Powell
[MARKET UPDATE] Precious metals accelerate losses with spot gold now under USD 4,600/oz and spot silver under USD 90/oz; losses triggered from an unwinding of risk premia as the US looks for a more targeted approach with Iran
[MARKET UPDATE] Hang Seng (-0.4%) and Shanghai Comp (-0.3%) open lower as the region conforms to the losses seen stateside
PBoC injects CNY 179.3bln via 7-day reverse repo at a maintained rate of 1.40%
Iran has extended its airspace closure NOTAM until 03:30 UTC (~2 hours from now)
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markets, suggesting a risk-off sentiment is permeating through the region. This could indicate ongoing concerns around economic stability or investor sentiment, particularly if these declines continue to align with broader trends in risk assets across global markets.
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