Hold Seng Index Slides on Fed and US Tariff Jitters – Weekly Recap…

The Hold Seng Index slid by 6.28% to 19,426 within the week ending November 15. Falling bets on a December Fed fee minimize contributed to the losses as traders assessed China’s newest financial information and Trump’s tariff threats. Actual property and tech shares contributed to the weekly losses.

The Hold Seng Mainland Properties Index tumbled by 10.85%, whereas the Hold Seng Tech Index (HSTECH) declined by 7.29%.

Tech giants Alibaba (9988) and Baidu (9988) slid by 7.53% and seven.23%, respectively, whereas Tencent (0700) declined by 5.21%. Higher-than-expected earnings restricted Tencent’s losses.

On the Mainland, fears of US tariffs and financial uncertainty left the Indexes in damaging territory. The CSI 300 dropped by three.29%, whereas the Shanghai Composite declined by three.52%.

Commodity Markets: Iron Ore and Gold

Commodity markets suffered heavy losses. Iron ore spot slid by three.26% within the week on China demand considerations as US tariffs loom. In the meantime, Gold costs fell four.51% amid declining expectations for a December Fed fee minimize.

ASX 200 Struggles Amid Stress from Mining and Gold Shares

The ASX 200 slipped by zero.12% within the week ending November 15 after gaining 2.17% in the earlier week. Gold and mining shares left the Index in damaging territory.

Mining giants BHP Group Ltd. (BHP) and Rio Tinto Ltd. (RIO) slid by 7.67% and seven.75%, respectively, on falling iron ore spot costs. Gold inventory Northern Star Assets Ltd. (NST) ended the week down 5.60%.

Nonetheless, tech and banking shares restricted the losses. The S&P/ASX All Expertise Index rallied three.89%, with Industrial Financial institution of Australia main banking shares larger after reporting a secure mortgage guide.

Nikkei Index Drops Amid Threat Aversion

Within the week ending November 15, the Nikkei Index declined by 2.17%, partially reversing a three.80% achieve from the earlier week. A stronger USD/JPY, which superior by 1.12% to 154.281, failed to spice up sentiment as traders thought of the Fed fee path.

Tokyo Electron (8035) slid by four.09%, whereas SoftBank Group Corp. (9984) ended the week down four.78%.

Outlook

Key occasions, together with PBoC and RBA fee choices, US information, and stimulus chatter from Beijing, will doubtless affect market danger sentiment. Comply with our newest updates to remain knowledgeable and handle your dangers successfully.