Shenzhen Component Index Signals Potential Growth Amid Wall Street Decline
Thursday, 14 November 2024, 23:44
The Shenzhen Component Index indicates that Asian markets are ready to rise after Wall Street's retreat due to Fed Chair Powell's statements. Key China's economic data will be closely monitored as it holds the potential to shape market trends.
Key Drivers in Asian Markets
- Nvidia Corp's AI innovations make waves.
- The Hang Seng Index showcases resilience despite global pressures.
- Australia Dollar/US Dollar fluctuations excite traders.
What Lies Ahead?
Market observers are fixated on how the Ice Brent Crude (Apr'23), WTI Crude (Mar'23), and other commodity prices will shift. The DXY US Dollar Currency Index highlights the strength or weakness of the USD/JPY exchange rate, indicating potential implications for global trade.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.