Central Banks in the headlines . Nasdaq & S&P breaking resistance . Recession, what recession?. Hello Hong Kong

1 min read

EQUITY MARKET HEATMAP Refinitiv as of market close 3 Feb 2023 MAJOR MARKET MOVEMENT After a very strong start of 2023, HK/ China market has given up some of their gains with negative performances of HSI (-4.5%) & HSCEI (-5%). Taiwan (+4.5%) is the outperformer in the Asian market with strong foreign inflows. US small cap (Russell 2000 +3.9%), and tech (Nasdaq +3.3%) are the winners in the US market. Central Banks in the headlines The European central Bank raised rate by 50bps to 2.5%, pledged to “stay the course in raising interest rates significantly at a steady pace” and,…...

This article is free to read

Login to read the full article


OR

By subscribing to our main site, you will also be subscribed to DDIntel - our regular letter showcasing our featured articles and applications.

Alvina Chow, CFA A finance professional in investment management & wealth management for 20 years and a trusted advisor to many HNWIs. An educator at heart, I feel the need to empower investors with the right information and an optimal thinking process. I also spend my time improving the lives of many youngsters through the game of softball. A game that is still teaching me important life lessons.