Investment 20/6/2025

The Federal Reserve FOMC meeting ended, and the current interest rate of 4.25-4.5% will continue to be maintained. The dot plot shows that the interest rate will be cut twice throughout the year. However, the number of interest rate cuts will be reduced by one each next year. Yesterday, the US stock market rose in the morning, and the major indexes fell sharply after Powell's speech.


The US Federal Reserve kept the interest rate unchanged, and the Hong Kong stock market continued to weaken after opening low. After opening 90 points or 0.38% lower, the Hang Seng Index fell by more than 500 points at one point, and fell 472 points or 1.99% throughout the day to 23,237 points; the technology index fell 126 points or 2.42% to 5,088 points. The main board traded 220 billion Hong Kong dollars.


The policy details of the 8 financial measures launched by the mainland are not surprising, and it is difficult to push Hong Kong stocks upward for the time being. The Hang Seng Index is not cheap at present. Technically, it has fallen below the 20-day moving average (23,702) at the close. The market trend will be weak in the future. It will repeatedly test the lower axis of the Bollinger Band at 23,000 points, and even the low of 22,668 points in early June, which is the 100-day moving average (22,724) level to find support.


The situation in the Middle East is unclear, and risk aversion is still high. European stocks fell. In addition, the interest rate cuts by the two European central banks have caused the US dollar to stabilize. Juneteenth in the United States celebrates the liberation of African Americans who were enslaved in the United States. The financial market is on holiday and the foreign exchange market is quiet.


The US dollar index did not change at 98.9, and it has temporarily risen by 0.8% this week. It may be the best single-week performance since late February. The euro fell 0.1% against the US dollar to 1.1473. The US dollar rose 0.2% against the yen to 145.56.

留言

張貼留言

這個網誌中的熱門文章

Investment 29/4/2026

圖片
The Hang Seng Index opened 111 points lower at 25,814 and continued its downward trend, falling as much as 316 points in the afternoon to a low of 25,609. It closed down 245 points, or 0.94%, at 25,679. The Technology Index fell 112 points, or 2.28%, to 4,827. Total market turnover was HK$262.3 billion. It is anticipated that the US and Iran will not reach a negotiation agreement soon; furthermore, the liquidity drain and the upcoming May Day holiday have contributed to the two consecutive days of decline in Hong Kong stocks. The Hang Seng Index may test the support level of the 250-day moving average (25,404), while the 100-day moving average (26,098) will turn from support to resistance. Investors should not rush into the market now but should adopt a risk-averse strategy, waiting for the Hang Seng Index to potentially fall to the 24,409 level before considering buying on dips to position for a rebound. European stocks traded mixed, with the UK FTSE 100 rising slightly by 0.11%, whil...
閱讀完整內容

Investment 24/4/2026

圖片
The Hang Seng Index opened 64 points lower at 26,098, and the decline widened to 322 points at one point, reaching a low of 25,840. It closed down 248 points, or 0.94%, at 25,915. The Technology Index fell 98 points, or 1.98%, to 4,865. Total market turnover was HK$255.3 billion. The Hang Seng Index broke below the 16,000-point mark. However, due to the relatively lagging performance of Hong Kong stocks and stable market sentiment, a significant correction has not yet occurred. It is believed that the Hang Seng Index can hold the 250-day moving average (25,349), a key level for bull and bear markets, while facing strong resistance at 27,000 points. European stock markets showed mixed performance, with British and German stocks falling 0.19% and 0.16% respectively, while French stocks rose 0.87%. With the Middle East situation unresolved and investors awaiting the implementation of peace talks, international oil prices remained high, putting pressure on US stocks on Thursday. The Dow Jo...
閱讀完整內容

Investment 27/4/2026

圖片
The Hang Seng Index opened 181 points lower at 25,733, and once plunged 275 points to a low of 25,639, before recovering its losses, rising as much as 89 points to 26,004. It closed the day up 62 points, or 0.24%, at 25,978; the Tech Index rose 36 points, or 0.75%, to 4,902. Total market turnover was HK$236.7 billion. For the week, the Hang Seng Index fell 182 points, or 0.69%. Hong Kong stocks rebounded on Friday but failed to recover the 26,000-point mark. The Hang Seng Index broke through the descending channel earlier this month with an upward gap (25,254 to 25,668). Last week's short-term correction to this gap followed by a sharp rebound reflects the strong support at this level. Recent geopolitical tensions have fluctuated, causing Hong Kong stocks to trade in a volatile range. Without significant positive or negative news, they are expected to fluctuate between 25,500 and 26,300 points this week. If the market can break through and hold above 26,300 points, it may test the ...
閱讀完整內容