Hang Seng and Mainland China Stocks Gain on Stimulus Hopes, Nikkei Dips on Stronger Yen
==========
China's Q2 economic slowdown at 4.7% fuels stimulus speculation; Hang Seng Index rises 1.39% on August 19, 2024; Nikkei 225 falls 0.45% due to stronger Yen; US equity markets show positive trends with Nasdaq up 5.29% for the week; Michigan Consumer Sentiment Index increases from 66.4 to 67.8; Beijing considers fiscal stimulus measures including cash support and early bond issuance; Alibaba rises 2.37%, Baidu 3.10%, Tencent 0.81%; ASX 200 edges up 0.04%; Westpac Banking Corp gains 2.36%; experts predict soft landing for US economy.
#HangSeng #Nikkei #Stimulus #China #UsEconomy #ConsumerSentiment #Stocks #Asx #Alibaba #Baidu
https://www.fxempire.com/forecasts/article/hang-seng-and-mainland-china-stocks-gain-on-stimulus-hopes-nikkei-dips-on-stronger-yen-1454700
FX Empire /
npub1lj…9zjdc
2024-08-19 04:50:29
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wss://relay.damus.ioPublished at
2024-08-19 04:50:29Event JSON
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"content": "Hang Seng and Mainland China Stocks Gain on Stimulus Hopes, Nikkei Dips on Stronger Yen\n==========\n\nChina's Q2 economic slowdown at 4.7% fuels stimulus speculation; Hang Seng Index rises 1.39% on August 19, 2024; Nikkei 225 falls 0.45% due to stronger Yen; US equity markets show positive trends with Nasdaq up 5.29% for the week; Michigan Consumer Sentiment Index increases from 66.4 to 67.8; Beijing considers fiscal stimulus measures including cash support and early bond issuance; Alibaba rises 2.37%, Baidu 3.10%, Tencent 0.81%; ASX 200 edges up 0.04%; Westpac Banking Corp gains 2.36%; experts predict soft landing for US economy.\n\n#HangSeng #Nikkei #Stimulus #China #UsEconomy #ConsumerSentiment #Stocks #Asx #Alibaba #Baidu\n\nhttps://www.fxempire.com/forecasts/article/hang-seng-and-mainland-china-stocks-gain-on-stimulus-hopes-nikkei-dips-on-stronger-yen-1454700",
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