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Asia-Pacific markets opened mixed on Monday following weaker-than-expected economic data from China over the weekend. The Hang Seng index fell by about 1%, reflecting investor concerns over China's economic performance. Hong Kong interbank rates dropped to a one-year low of 2.44262%, indicating tight domestic liquidity conditions. S&P futures remained flat as investors await the FOMC rate decision on Wednesday. European markets also opened lower, with traders cautious ahead of a packed week featuring key monetary policy decisions from the Federal Reserve and the Bank of Japan. Rate cuts are also in focus.
🔵 EUROPEAN SHARES OPEN LOWER AHEAD OF ACTION-PACKED WEEK; FED IN FOCUS Full Story → https://t.co/AusozUjiBF (Reuters) - European shares started a data-packed week on a lower note as traders maintained a cautious stance ahead of a long-awaited monetary easing cycle by the… https://t.co/kMerjKsTsQ
🇭🇰Hong Kong interbank rates fell to more than a one-year low on Thursday ahead of expected US interest rate cuts. That reflects tight domestic liquidity conditions as investors find few opportunities in a stock market that is lagging global peers. #HongKong #stockmarket…
Europe Market Open: Mixed trade with Chinese data in focus into a packed week incl. FOMC & BoJ https://t.co/ruj20OWlqf https://t.co/Onqu2OXquh https://t.co/4hiyA4y33d
