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Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines /
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2024-07-04 04:04:35

Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines on Nostr: Asian Stocks Extend Gains as US Data Supports Rate Hope =============== #133aea61 ...

Asian Stocks Extend Gains as US Data Supports Rate Hope
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#133aea61 ver:1.55

Asian stocks rise as US data suggests a weakening labor market, increasing hopes for interest rate cuts. Private sector job creation fell short of expectations, while jobless claims exceeded forecasts. Services sector activity also contracted. Markets now anticipate two rate reductions this year. S&P 500 and Nasdaq hit record highs. Tokyo, Hong Kong, Sydney, Seoul, Taipei, Manila, and Jakarta all see gains. Euro rises against the dollar as centrist and left-wing candidates withdraw from French election. Pound gains ahead of UK general election, with Labour Party expected to win. #AsianStocks #InterestRates #USData #LaborMarket #RateCuts #S&P500 #Nasdaq #Euro #FrenchElection #UKGeneralElection...

#newstr #AsianStocks #UsData #RateHope #LaborMarket #InterestRates #PrivateSector #JoblessBenefits #ServicesSector #RateReductions #StockMarkets #Euro #LegislativeElection #GeneralElection #LabourParty #Conservatives

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