Hang Seng and gold move in opposite directions for 4 straight sessions

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Hang Seng Index (HI) faced weakening link with gold (GOLDSH) commodity as both assets moved in the opposite directions in each of the last four trading sessions suggesting gold is more demanded when securities face uncertainty. The link between Stoxx Europe 600 Index (SXXP) and Hang Seng Index (HI) kept strengthening on Friday, approaching 0.25 though it still can be considered as week. Relationship was relatively steady between Hong Kong's benchmark and EUR/USD currency pair. 

Back to articles

Actual Topics

Mon, 16 Jan 2012 16:42:41 GMT

Nikkei 225 plunges on S&P ratings agency decision

Japan's Nikkei Stock Average tumbled 1.43% or 121.66 points closing at 8,378.36 on Monday, with all 10 industries posting losses after S&P ratings agency downgraded 9 Euro Zone nations including France and Italy. European demand-exposed producers and financials faced the biggest drop as Mazda Corp. edged down 3.1%, and Sony Corp. lost 2.3%. Nomura Holdings Inc. declined 2.8%, whereas Mitsubishi

Mon, 16 Jan 2012 16:38:33 GMT

Hang Seng fell on Monday amid European downgrade

Hong Kong's Hang Seng Index fell sharply on Monday as investors anticipated news that S&P agency cut France's AAA rating and downgraded 8 other European nations. Decline was boosted also by Greek battle to cut their debt. Hang Seng Index lost 1.0% or 192.22 points and finished at 19,012.20 led by insurance companies. China Life Insurance Co. tumbled 3.3%, while

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.