Home
Storia in 1 fonti
Hong Kong stocks set for best week in 6 months on US rate cut bets
With US inflation data for August coming in line with expectations, a quarter-point rate cut by the Fed is almost certain.
Raccontata da
scmp.com
Timeline cronologica
- ·
HSBC, Alibaba push Hong Kong stocks near 4-year high on Fed rate-cut outlook
The probability of a 25-basis-point reduction by the Fed this month jumps to 89.4 per cent, according to the CME Group.
- ·
Hong Kong stocks hit 4-year high as China inflation data boosts rate cut hope
Consumer prices on the mainland slipped 0.4 per cent in August from a year earlier, compared with estimates of a 0.2 per cent decrease.
- ·
Hong Kong stocks set for best week in 6 months on US rate cut bets
With US inflation data for August coming in line with expectations, a quarter-point rate cut by the Fed is almost certain.