Results for Hong Kong
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Equities Try to Stabilize and Low Short-Term Rates Help Keep the Dollar on the Defensive Equities Try to Stabilize and Low Short-Term Rates Help Keep the Dollar on the Defensive Reviewed by Marc Chandler on February 24, 2021 Rating: 5
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Gold and the Dollar are Sold while Stocks March Higher

August 11, 2020
Overview:   A rotation of sorts seems to be unfolding.  The euro posted its second back-to-back loss in over a month. The Canadian dollar, which has been an under-performer among the major currencies for the past six weeks, gained, while most fell.  The Dow Industrials and S&P 500 rose, the high flying NASDAQ fell for the second consecutive se…
Gold and the Dollar are Sold while Stocks March Higher Gold and the Dollar are Sold while Stocks March Higher Reviewed by Marc Chandler on August 11, 2020 Rating: 5
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Dollar Begins Week on Back Foot

June 22, 2020
Overview: Investors begin the new week, perhaps slowed a bit by the weekend developments and the growth of new infections.  Equities are mixed.  The MSCI Asia Pacific Index snapped a four-day advance, though India bucked the regional trend and gained 1%.  Europe's Dow Jones Stoxx 600 is recovering from an early dip to four-day lows.  US shares…
Dollar Begins Week on Back Foot Dollar Begins Week on Back Foot Reviewed by Marc Chandler on June 22, 2020 Rating: 5
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Four No's

June 02, 2020
Sometimes it is easier to have a sense of what will not happen, rather than a view of what will happen. 
No Negative Rates in the US:  Nearly every Federal Reserve official has argued against the deployment of negative interest rates in the US.  It is also not completely clear that the same Congressional authorization to allow the Fed to pay intere…
Four No's Four No's Reviewed by Marc Chandler on June 02, 2020 Rating: 5
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Greenback's Slide Continues

June 02, 2020
Overview: Liquidity trumps everything else.  US equities shrugged off the national guard being called into action in nearly a third of US states, and the S&P 500 closed yesterday at nearly three-month highs. Asia Pacific markets followed suit.  Most markets in the region rose by more than 1%. The notable exceptions were Australia and China, wh…
Greenback's Slide Continues Greenback's Slide Continues Reviewed by Marc Chandler on June 02, 2020 Rating: 5
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US Dollar Losses are Extended, but Momentum Stalls in the European Morning

June 01, 2020
Overview:  US stocks extended their gains ahead of the weekend after President Trump shied away from specific actions against China-Hong Kong, and today Hong Kong shares recovered smartly from last week's 3.6% slide. The Hang Seng rose 3.3% today, and the Shanghai Composite gained over 2%.  All the markets in the region advanced.  Europe's…
US Dollar Losses are Extended, but Momentum Stalls in the European Morning US Dollar Losses are Extended, but Momentum Stalls in the European Morning Reviewed by Marc Chandler on June 01, 2020 Rating: 5
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Month-End Profit-Taking Weighs on Equities as the Euro Pops Above $1.11

May 29, 2020
Overview:  The announcement that President Trump will hold a press conference on China later today rattled investors yesterday after they had earlier shrugged off the escalation of tension between the US and China to take the S&P 500 up to its highest level in nearly three months.  The S&P 500 reversed and settled on its lows, and this car…
Month-End Profit-Taking Weighs on Equities as the Euro Pops Above $1.11 Month-End Profit-Taking Weighs on Equities as the Euro Pops Above $1.11 Reviewed by Marc Chandler on May 29, 2020 Rating: 5
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Escalating Tensions, Calm Markets

May 28, 2020
Overview: The US Secretary of State's announcement that the autonomy of Hong Kong could no longer be affirmed did not derail the rally in US equities. However, the threat of an executive order against social media companies may be discouraging follow-through buying, leaving US equities little changed ahead of the open. In contrast, Asia Pacifi…
Escalating Tensions, Calm Markets Escalating Tensions, Calm Markets Reviewed by Marc Chandler on May 28, 2020 Rating: 5
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China and Hong Kong Pressures are Having Limited Knock-on Effects

May 27, 2020
Overview: The S&P 500 gapped higher yesterday, above the recent ceiling and above the 200-day moving average for the first time since early March. The momentum faltered, and it finished below the opening level and near session lows. The spill-over into today's activity has been minor. The heightened tensions weighed on China and Hong Kong …
China and Hong Kong Pressures are Having Limited Knock-on Effects China and Hong Kong Pressures are Having Limited Knock-on Effects Reviewed by Marc Chandler on May 27, 2020 Rating: 5
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