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Real-time News
November 12: Building materials transaction volume was 91,600 tons, an increase of 0.66% compared to the previous trading day. November 11: Building materials transaction volume was 91,000 tons, a decrease of 15.58% compared to the previous trading day. November 10: Building materials transaction volume was 107,800 tons, an increase of 23.77% compared to the previous trading day. November 7: Building materials transaction volume was 87,100 tons, a decrease of 21.03% compared to the previous trading day. November 6: Building materials transaction volume was 110,300 tons, an increase of 17.47% compared to the previous trading day. Last weeks average: Building materials transaction volume was 9.64 tons.November 12th - UK government bonds and the pound sterling underperformed their developed-market counterparts following reports of a potential leadership challenge for Prime Minister Keir Starmer after the budget announcement. Kathleen Brooks of XTB stated in a report that the markets reaction to these rumors was relatively mild, but the risk of political turmoil remains. She said, "Budget concerns, growth issues, and the current political predicament are a toxic mix." The yield on 10-year UK government bonds rose 3.8 basis points to 4.421%.The UK inflation-linked bond auction saw a record £69 billion in subscriptions.November 12th - Analysts at Monex Europe stated that the pounds decline could extend further following news of a potential leadership challenge for British Prime Minister Keir Starmer. According to a Wall Street Journal survey of economists, Thursdays data is expected to show third-quarter economic growth slowing to 0.2% from 0.3% in the previous quarter. If confirmed, this sluggish growth will highlight the challenging backdrop ahead of the autumn budget on November 26th, Monex analysts said. They believe this makes the environment for the pound more challenging, even before the rumors of a leadership challenge for Starmer surfaced.Circle (CRCL.N) expects other income of $90 million to $100 million for the fiscal year, up from its previous forecast of $75 million to $85 million.

Indices Forecast 2023 – Hang Seng Set For A Strong Rebound

Skylar Shaw

Jan 03, 2023 15:47

Chinese equities began to rebound in the last two months of the year following a significant decline brought on by the country's economic slump.


After implementing a tight zero-COVID policy for many years, China has begun to reopen. Although the sudden change in the prior policy has already resulted in records-breaking illnesses, things will probably settle down in the first few months of this year. In this case, the Chinese economy would expand rapidly, which will be positive for Chinese equities.


The primary dangers for Chinese equities in 2023 are still regulatory activities and escalating relations with the United States. Regulations are probably going to be less rigorous this year since China's government is focused on promoting development after the coronavirus outbreak, which should strengthen the Hang Seng index even further.

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