Expected
Hang Seng Index expected to continue upward trend
On Jul 3, 2024, the Hang Seng Index (HSI) opened higher at 17,841.77 and maintained its upward momentum throughout the trading day, closing at 17,978.58. This represents an increase...
AI frenzy expected to have boosted Samsung Q2 profit 13-fold
SAMSUNG Electronics is expected to post a 13-fold increase in second-quarter profit from a year earlier as demand for artificial intelligence technology fuels a rebound in memory chip prices.Operating...
Asian investors expected to grow gold investments: survey
Increasing number of regional asset owners see gold as ‘core asset’ for the long term MORE investors across Asia-Pacific are treating gold as a core asset in their portfolios,...
USDJPY expected to see continued bullish momentum
The Japanese yen has been dominating headlines in the forex market due to its steep depreciation against the US dollar. The USDJPY pair has experienced a meteoric rise since...
China new bank loans rise far less than expected in May as demand wobbles
NEW bank lending in China rebounded far less than expected in May and some key money gauges hit record lows, suggesting the world’s second-largest economy is still struggling to...
Bank of Japan expected to weigh bond buying cuts as rate hike timing nears
THE Bank of Japan (BOJ) is broadly expected to discuss cutting bond purchases at a policy meeting ending on Friday (Jun 7), with some investors expecting the central bank...
WTI expected to extend losses following breakdown
WEST Texas Intermediate (WTI) oil prices have continued to decline from their highs since reaching a peak of US$87.60 per barrel in mid-April this year, falling to their lowest...
Analysts anticipate more interest rate cuts with ECB expected to start ‘dialling back’
WHILE the latest interest rate cuts by the European Central Bank (ECB) came largely in line with market expectations, analysts anticipate further reductions in the year ahead. The ECB...
