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Asian Equities and Bonds Benefiting from US Federal Reserve's Rate Cut

 

Asian and Emerging Markets equities and bonds:
Expected to benefit from the Federal Reserve's rate cut, as borrowing costs are expected to decrease, while stocks' valuation are further supported by stronger local currencies.

EM, SG, HK ETFs have outperformed SPY ETF since rate cut announcement.

Disclaimers apply


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DBS Group Holdings (D05): Upward Move Expectations

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BYD Co (1211:HK) Witnessing Signs of Strength

BYD Co (1211:HK) Witnessing Signs of Strength On Friday, we observed strong buying within a wide trading range, with the stock closing near the day’s high and good volume recorded. The previous two days of selling showed relatively low volume, indicating potential supply exhaustion. The stock price is currently at a key resistance level, constrained by a downward trendline and a horizontal support-turned-resistance line. A breakout above this level could signal a potential trend reversal , with an initial technical price target of HK$300.00. The stock is outperforming the broader market, indicating strong market demand, as evidenced by our proprietary Relative Strength Indicator (RSI), which is above zero. Additionally, the volume momentum indicator (FFI) is improving, further supporting the possibility of supply exhaustion. The Stochastic indicator also continues to trend higher, reinforcing a bullish outlook. A stop-loss price is set below HK$248.40 . If the price falls below this l...
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Week Ahead: Trump Trade and the Resilient US Economy

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