Aussie Leads Risk-Driven Declines, HSI Sinks as China Stimulus Falls Short

Hong Kong markets experienced another day of intense volatility, with benchmark HSI plunging over -5% during the morning session as traders rushed to lock in profits from the recent rally. The sell-off came as disappointment spread among investors after China’s National Development and Reform Commission failed to deliver concrete details on further stimulus measures, following […] The post Aussie Leads Risk-Driven Declines, HSI Sinks as China Stimulus Falls Short appeared first on Action Forex.

Oct 8, 2024 - 18:53
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Aussie Leads Risk-Driven Declines, HSI Sinks as China Stimulus Falls Short

Hong Kong markets experienced another day of intense volatility, with benchmark HSI plunging over -5% during the morning session as traders rushed to lock in profits from the recent rally. The sell-off came as disappointment spread among investors after China’s National Development and Reform Commission failed to deliver concrete details on further stimulus measures, following […]

The post Aussie Leads Risk-Driven Declines, HSI Sinks as China Stimulus Falls Short appeared first on Action Forex.

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