Hong Kong Stock Market Index (HK50)
On Tuesday, the Hang Seng index experienced a significant decline of 305.81 points or 1.54%, closing at 19,607.08. This drop continued the previous session’s losses and reflected growing concerns about China’s economy, which remains stagnant despite the central bank’s recent decision to reduce key lending rates. Market participants were hoping Continue Reading
EU Natural Gas
In the latter half of June, natural gas futures in Europe retreated to approximately €30 per megawatt hour after reaching a nearly two-month peak of €49.95 on June 15th. However, they remain 20% higher compared to the previous month, primarily due to concerns about the gas supply. The Netherlands is Continue Reading
United Kingdom Government Bond 10Y
The yield on the 10-year UK gilt continued its upward trajectory, surpassing the 4.4% mark and reaching its highest level since October 2022, as investors eagerly awaited the Bank of England’s policy meeting scheduled for Thursday. The two-year gilt yield also exceeded 4.95%, a level not seen since the 2008 Continue Reading
FTSE 100
On Friday, the FTSE 100 experienced a 0.2% increase, primarily driven by defensive sectors such as utilities, healthcare, and consumer staples. Nevertheless, Travis Perkins, a leading supplier of building materials, saw a significant decline of nearly 7% due to a profit warning. The overall weekly gain of 1% in the Continue Reading