The Hang Seng index fell 1.13% in the week that ended on March 21, after the loss of 1.12% of the previous week. It is important that the index had risen to the highest level since November 2021 before it touched the opposite.
American tariff uncertainty and the silence of Beijing on new stimulus measures have contributed to the losses. In addition, a Bank of America report reports warning From a potential market correction caused Thursday and the sharp sale of Thursday and Friday. Real estate and technical shares dragged the index to a negative area. Main movers included:
- The Hang Seng mainland Properties Index fell by 3.56%.
- The Hang Seng Technologies Index tumbled by 4.10%.
- Tech Giants Alibaba (09988) and Tencent (00700) placed weekly losses of 3.76%and 2.42%respectively, while Baidu (09888) slipped away with 0.22%.
The stock markets of the mainland also withdrawn, with the CSI 300 and Shanghai Composite Index fell 2.29% and 1.60% respectively.
Brian Tycangco, editor and analyst at Stansberry Research, noted about market speculation:
“Some say that the Chinese bullmarkt runs the risk of ending the risks that Stimulus will disappoint. Well, I don’t think so. PBOC has enough room to stimulate or the need occurs. And I have noticed that they are nowadays more sensitive to market developments than 5 to 10 years ago.”
Click here for more analysis of the Hang Seng Index and Trends in the world market.
Raw materials: Gold Hits Record High; Iron ore extends with a stripe
Raw material markets had a mixed week when investors the tariff plans of Trump, the stimulation forecasts of Beijing, tensions in the middle East and the policy prospects of the FED, considered.
- Gold won 1.30% in the week that ended on March 21 and climbed to a record high of $ 3,058 before he withdraws and the week closed for $ 3,023. SAFE Haven -Question and the policy forecast of the FED drove the prices higher.
- WTI raw oil prices provided 1.02%and ends the week at $ 68.28.
- The prices of IJzererts fell by 1.82%, so that the losing series was extended to four weeks at rate and concern about the question.
ASX 200 Mirrors Wall Street, understands four weeks of losing streak
The ASX 200 increased by 1.82% in the week that ended on March 21, causing a loss of four weeks of loss. Banking, gold and technical shares led the profit.
- Bank sector: Falling 10-year-old American treasury smells drove the demand for highly productive Aussie banks. Anz (ANZ) and Westpac Banking Corp jumped 3.57% and 3.82% respectively.
- Gold sector: Northern Star Resources Ltd. (NST) achieved a weekly profit of 1.90%.
- Tech sector: The S&P/ASX All Technology Index has 1.84%Gerally.
Nikkei -Index Rallies on softer inflation and yen weakness
Japan inflation numbers and the outcome of the negotiations for the spring wage (Shunto) have facilitated bets on a bank of Japan in July. Despite the Dovish -Fed posture, the USD/JPY won 0.45% to close the week at 149,291. A softer yen increases the competitiveness of Japanese exports, improving the outlook in business income.
- Sony Corp. (6758) was one of the front runners and rose 7.5% on the weaker yen.
- Tech stocks were on the win of Wall Street. Tokyo -Electron (8035) rose by 4.12%, while Softbank Group (9984) rose 1.58%.
Market front views: Important events to view
The coming week will be crucial for Asian markets, since economic data, actions of central bank and rate developments determine the sentiment of investors. Important events include:
- American rates: Trump’s shifting attitude remains an important risk factor for the global markets. Further policy shifts will influence the sentiment of investors.
- Beijing Stimulus: Stimulus measures, aimed at stimulating domestic consumption, can reduce the tariff risks, support the demand for HK and support shares on the mainland.
With economic uncertainty and market volatility that maintain, traders must closely follow global macro -economic trends and policy shifts here to effectively navigate risks.