{"id":37417,"date":"2019-11-11T18:10:40","date_gmt":"2019-11-11T07:10:40","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=37417"},"modified":"2019-11-11T18:19:39","modified_gmt":"2019-11-11T07:19:39","slug":"monday-11th-november-hong-kong-markets-fall-on-account-of-heightened-tensions","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/monday-11th-november-hong-kong-markets-fall-on-account-of-heightened-tensions\/","title":{"rendered":"Monday 11th November: Hong Kong markets fall on account of heightened tensions"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>Global Markets:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Asian Stock Markets : Nikkei\ndown 0.26%, Shanghai Composite down 1.75%, Hang Seng down 2.72%, ASX up 0.72%<\/li><li>Commodities : Gold at $1463.65\n(+0.05%), Silver at $16.83 (+0.03%), Brent Oil at $61.86 (-1.04%), WTI Oil at\n$56.63 (-1.07%)<\/li><li>Rates : US 10-year yield at\n1.945, UK 10-year yield at 0.791, Germany 10-year yield at -0.268<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>News &amp; Data:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>(CNY) CPI y\/y 3.80% vs 3.20%\nexpected<\/li><li>(USD) Prelim UoM Consumer\nSentiment 95.7 vs 96 expected<\/li><li>(CAD) Unemployment Rate 5.50%\nvs 5.50% expected<\/li><li>(CAD) Employment Change -1.8K\nvs 14.7K expected<\/li><li>World Bank\u2019s Garcia Mora on\nFintech Trends, Regulation, Digital Currencies<\/li><li>BOJ debated whether to boost\nstimulus if inflation momentum stalls: October summary<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>CFTC Positioning\nData: <\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>EUR short 61K vs 53K short last\nweek. Shorts increased by 8K<\/li><li>GBP short 29K vs 32K short last\nweek. Shorts trimmed by 3K<\/li><li>JPY short 27K vs 20K short last\nweek. Shorts increased by 7K<\/li><li>CHF short 14k vs 12k short last\nweek. Shorts increased by 2K<\/li><li>AUD short 27k vs 40k short last\nweek. Shorts trimmed by 13K<\/li><li>NZD short 39K vs 40K short last\nweek. Shorts trimmed by 1K<\/li><li>CAD long 54 vs 44K long last\nweek.&nbsp; Longs increased by 10K.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Markets Update:<\/strong><\/h3>\n\n\n\n<p>Asian stock markets, led by Hong Kong, are\nmostly lower on Monday despite the modest gains on Wall Street Friday as\nuncertainty about a U.S.-China trade deal and rising political turmoil in Hong\nKong dampened investor sentiment. According to reports, at least two protesters\nwere injured in Hong Kong after police opened fire at mass demonstrations in\nthe city.<\/p>\n\n\n\n<p>In Hong Kong, the Hang Seng index was deep\nin negative territory, declining 2.7% as political turmoil in the city\nworsened. At least two protesters were said to be injured when local police\nopened fire on Monday at mass demonstrations. <\/p>\n\n\n\n<p>Japan\u2019s Nikkei 225 reversed early gains to\ntrade down 0.3% while the Topix index was flat. South Korea\u2019s Kospi fell 0.6%\nas major chipmaker SK Hynix slid 1.70%. In Australia, the benchmark ASX 200\ndefied the general downward trend in the region and rose 0.7%. <\/p>\n\n\n\n<p>Data on October U.S. industrial production\nand retail sales, along with the National Federation of Independent Business\u2019s\nmonthly small business survey, are scheduled for release this week. Analysts\nsaid the outlook for equities was highly dependent on U.S. economic data as a\nU.S.-China trade agreement would help bolster manufacturing and industrial\nsectors. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Upcoming Events:<\/strong><\/h3>\n\n\n\n<p>Monday, November 11, 2019&nbsp;&nbsp; <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>09:30 AM GMT &#8211; (GBP) Prelim GDP\nq\/q<\/li><li>09:30 AM GMT &#8211; (GBP) GDP m\/m<\/li><li>09:30 AM GMT &#8211; (GBP)\nManufacturing Production m\/m<\/li><\/ul>\n\n\n\n<p>Tuesday, November 12, 2019&nbsp;&nbsp; <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>12:30 AM GMT &#8211; (AUD) NAB\nBusiness Confidence<\/li><li>02:00 AM GMT &#8211; (NZD) Inflation\nExpectations q\/q<\/li><li>12th-14th GMT &#8211; (CNY) New Loans<\/li><li>09:30 AM GMT &#8211; (GBP) Average\nEarnings Index 3m\/y<\/li><li>10:00 AM GMT &#8211; (EUR) German ZEW\nEconomic Sentiment<\/li><li>10:30 AM GMT &#8211; (USD) FOMC\nMember Clarida Speaks<\/li><li>11:30 PM GMT &#8211; (AUD) Westpac\nConsumer Sentiment<\/li><\/ul>\n\n\n\n<p>Wednesday, November 13, 2019&nbsp;&nbsp; <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>12:30 AM GMT &#8211; (AUD) Wage Price\nIndex q\/q<\/li><li>01:00 AM GMT &#8211; (NZD) Official Cash\nRate<\/li><li>01:00 AM GMT &#8211; (NZD) RBNZ\nMonetary Policy Statement<\/li><li>01:00 AM GMT &#8211; (NZD) RBNZ Rate\nStatement<\/li><li>02:00 AM GMT &#8211; (NZD) RBNZ Press\nConference<\/li><li>09:30 AM GMT &#8211; (GBP) CPI y\/y<\/li><li>01:30 PM GMT &#8211; (USD) CPI m\/m<\/li><li>01:30 PM GMT &#8211; (USD) Core CPI\nm\/m<\/li><li>04:00 PM GMT &#8211; (USD) Fed Chair\nPowell Testifies<\/li><li>10:50 PM GMT &#8211; (AUD) RBA Assist\nGov Bullock Speaks<\/li><\/ul>\n\n\n\n<p>Thursday, November 14, 2019&nbsp;&nbsp; <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>12:30 AM GMT &#8211; (AUD) Employment\nChange<\/li><li>12:30 AM GMT &#8211; (AUD)\nUnemployment Rate<\/li><li>02:00 AM GMT &#8211; (CNY) Fixed\nAsset Investment ytd\/y<\/li><li>02:00 AM GMT &#8211; (CNY) Industrial\nProduction y\/y<\/li><li>07:00 AM GMT &#8211; (EUR) German\nPrelim GDP q\/q<\/li><li>09:30 AM GMT &#8211; (GBP) Retail\nSales m\/m<\/li><li>01:30 PM GMT &#8211; (USD) Core PPI\nm\/m<\/li><li>01:30 PM GMT &#8211; (USD) PPI m\/m<\/li><li>02:10 PM GMT &#8211; (USD) FOMC\nMember Clarida Speaks<\/li><li>03:00 PM GMT &#8211; (USD) Fed Chair Powell\nTestifies<\/li><li>04:00 PM GMT &#8211; (USD) Crude Oil\nInventories<\/li><li>05:00 PM GMT &#8211; (CHF) Gov Board\nMember Maechler Speaks<\/li><li>09:30 PM GMT &#8211; (NZD) Business\nNZ Manufacturing Index<\/li><\/ul>\n\n\n\n<p>Friday, November 15, 2019&nbsp;&nbsp; <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>01:30 AM GMT &#8211; (AUD) RBA Deputy Gov Debelle Speaks<\/li><li>02:45 AM GMT &#8211; (CAD) BOC Gov Poloz Speaks<\/li><li>01:30 PM GMT &#8211; (CAD) Gov Council Member Lane Speaks<\/li><li>01:30 PM GMT &#8211; (USD) Core Retail Sales m\/m<\/li><li>01:30 PM GMT &#8211; (USD) Retail Sales m\/m<\/li><li>05:00 PM GMT &#8211; (EUR) German Buba President Weidmann Speaks<\/li><li><a href=\"http:\/\/www.icmarkets.com\/education\/forex-news-and-calendar\/\">&amp;more&#8230;<\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian Stock Markets : Nikkei down 0.26%, Shanghai Composite down 1.75%, Hang Seng down 2.72%, ASX up 0.72% Commodities : Gold at $1463.65 (+0.05%), Silver at $16.83 (+0.03%), Brent Oil at $61.86 (-1.04%), WTI Oil at $56.63 (-1.07%) Rates : US 10-year yield at 1.945, UK 10-year yield at 0.791, Germany 10-year yield &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/monday-11th-november-hong-kong-markets-fall-on-account-of-heightened-tensions\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Monday 11th November: Hong Kong markets fall on account of heightened tensions<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":37418,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[339],"tags":[],"class_list":["post-37417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-recent-posts"],"_links":{"self":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/37417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/comments?post=37417"}],"version-history":[{"count":1,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/37417\/revisions"}],"predecessor-version":[{"id":37419,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/37417\/revisions\/37419"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media\/37418"}],"wp:attachment":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media?parent=37417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=37417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=37417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}