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Wednesday’s bounce for the Dow puts it back on course for 40,000, while the Nasdaq 100’s miserable week continues. Buyers have once again stepped in to halt further losses for the Hang Seng.
US indices are holding steady this morning, while the Hang Seng’s countertrend bounce continues
Risk appetite has been hit in the wake of the Fed meeting, though losses in US indices are relatively contained for now. Meanwhile, the Hang Seng is falling once more.
A cautious tone continues to prevail for indices, though the Hang Seng has managed to lift itself off yesterday’s low.
Falling inflation expectations and Saudi Arabia’s move to cut export prices for oil meant that equities have finally found their footing after a difficult start to the year. However the Hang Seng is once again an outlier, as it falls once again