Hong Kong stocks rose on Monday morning (November 10, 2025) after data showed Chinese consumer prices rose 0.2% year-on-year in October—the highest increase since January. This news fueled hopes that deflationary pressures in the world's second-largest economy are easing. The Hang Seng Index rose 0.5% to 26,375, while the Hang Seng Tech Index edged down 0.2%. The gains were led by Pop Mart, which surged nearly 5%, followed by ZTO Express and New Oriental, which each rose 2.7%. However, some of the gains were offset by declines in Lenovo and SMIC. Analysts believe the surge in inflation was...
The Australian Dollar (AUD) edges higher against the US Dollar on Monday, recovering its losses from the previous session. The AUD/USD pair remains stronger following the release of China's key economic data. The National Bureau of Statistics of China reported that the Consumer Price Index (CPI) dropped at an annual pace of 0.1% in May, following April's 0.1% decline. However, the market consensus was for a 0.2% decrease in the reported period. Meanwhile, China's CPI inflation declined by 0.2% MoM, against April's 0.1% increase. China's Producer Price Index (PPI) continues to weaken with...
The US dollar index edged lower to around 99 on Monday, trimming gains from the previous session as investors braced for a busy week of key economic data and trade developments. Sentiment was influenced by renewed hopes for progress in US-China trade relations as President Donald Trump announced that officials from both countries would meet in London later today, following a recent phone call with Chinese President Xi Jinping. On the data front, markets are awaiting several major economic releases. The Consumer Price Index is due Wednesday, followed by the Producer Price Index and the...
Oil prices held on to last week's gains early on Monday as investors waited for U.S.-China trade talks to be held in London later in the day. Brent crude futures were flat at $66.47 a barrel at 0008 GMT. U.S. West Texas Intermediate crude was trading up 1 cent at $64.59. The prospect of a U.S.-China trade deal supported prices as three of Donald Trump's top aides were set to meet with counterparts in London on Monday for the first meeting of the U.S.-China economic and trade consultation mechanism. The announcement on Saturday followed a rare Thursday call between the two countries' top...
Gold edges higher in early Asian trade amid lingering geopolitical tensions that typically enhance the safe-haven allure of the precious metal. Russia launched a missile-and-drone attack on Ukraine at the end of last week, killing at least three people in Kyiv and igniting fires across the capital. "Gold has been showing strength for some time now," Commerzbank Research's Barbara Lambrecht says in a recent research report. The commodity analyst cites drivers including the threat of escalation of the Russia-Ukraine conflict. Spot gold is 0.1% higher at $3,313.90/oz. Source : Dow Jones...
WTI crude oil futures climbed 1.9% to settle at $64.60 per barrel on Friday, marking their first weekly gain in three weeks with a rise of over 6.5%. The rebound was fueled by renewed optimism after trade talks resumed between US President Donald Trump and China's President Xi Jinping, raising hopes for stronger global demand. Sentiment was further lifted by news that Canada had also entered direct trade discussions with the US. Despite the gains, the oil market remains volatile amid geopolitical tensions, including the potential for increased US sanctions on Venezuela and the risk of...