Hong Kong stocks extended their rally on Monday, with the Hang Seng Index climbing over 212 points in the morning session to reach 23,079. Trading volume exceeded HK$130 billion, led by strong gains in the technology and electric vehicle sectors. Citigroup raised its year-end 2025 target for the Hang Seng Index to 25,000 points, citing improving U.S.-China relations as a key factor supporting valuation recovery. Meanwhile, CATL has kicked off its IPO process, which could become the largest new listing on the Hong Kong Stock Exchange this year. In the currency market, competition among banks for USD time deposit rates is heating up, drawing investor funds with attractive returns. Investors continue to monitor interest rate trends and sector outlooks for future positioning.
Driven by a combination of bullish factors, spot gold surged on May 9, climbing to $3,328.96 per ounce — its highest level in nearly a month. The rally was fueled by signs of a cooling U.S. labor market, rising geopolitical tensions, and sustained central bank buying. With both technical and fundamental indicators aligned to the upside, gold prices are expected to maintain strength and remain in a high trading range in the short term.
**U.S.-China Trade War Shows Signs of Easing**
Global markets reacted sharply after U.S. President Donald Trump proposed an 80% reduction in tariffs on Chinese goods. This unexpected move is widely seen as a strategic signal ahead of potential high-level negotiations between the two economic giants. Investors are closely watching how this could reshape global supply chains and shift momentum across financial markets.
The U.S. dollar has been weakening recently, even as U.S. equities and bonds have shown signs of recovery. This downward trend is being driven by narrowing interest rate differentials, capital outflows, and growing pressure from shifting monetary policies. Escalating U.S.-China trade tensions and the global reshuffling of foreign exchange reserves are adding to investor uncertainty, leading to divergent views on the dollar’s future.
In this article, we take a deep dive into the structural factors behind the dollar’s decline, explore the relative strength of the euro and commodity-linked currencies, and offer practical strategies for navigating today’s volatile currency market. Don’t miss out on the latest forex trends that could shape your investment outlook—read the full analysis now.
The U.S. dollar has been weakening recently, even as U.S. equities and bonds have shown signs of recovery. This downward trend is being driven by narrowing interest rate differentials, capital outflows, and growing pressure from shifting monetary policies. Escalating U.S.-China trade tensions and the global reshuffling of foreign exchange reserves are adding to investor uncertainty, leading to divergent views on the dollar’s future.
In this article, we take a deep dive into the structural factors behind the dollar’s decline, explore the relative strength of the euro and commodity-linked currencies, and offer practical strategies for navigating today’s volatile currency market. Don’t miss out on the latest forex trends that could shape your investment outlook—read the full analysis now.
The Bank of England has announced an interest rate cut, coinciding with a newly signed trade agreement between the UK and the US—an unexpected combination that’s reshaping market expectations. Despite the rate drop, the British pound climbed higher, signaling a more optimistic outlook on the UK economy. Improved prospects for exports in key sectors such as automotive and steel and aluminum have boosted business confidence, suggesting potential momentum for economic recovery and trade growth.