Key takeaways Hong Kong 33 CFD Index rose 6% after a bullish breakout but retraced by 5% due to a stronger US dollar, testing key support at 24,290. July’s Caixin Services PMI surged to 56.6, the highest since May 2024, signaling renewed expansion driven by new business and foreign demand. Net capital inflows from mainland […]
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Bitcoin is in a “transition phase,” consolidating below $70,000 after retreating from $71,000, however the recovery lacks the “ingredients of a decisive bullish turn”. Despite accelerating institutional inflows into US Spot Bitcoin ETFs, the average Read more…
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Key Highlights GBP/USD started a recovery wave above 1.3380. A major bearish trend line is forming with resistance at 1.3450 on the 4-hour chart. Crude oil prices saw heavy swing moves above the $80.00 pivot Read more…