{"id":113182,"date":"2025-05-19T02:02:10","date_gmt":"2025-05-19T02:02:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/113182\/"},"modified":"2025-05-19T02:02:10","modified_gmt":"2025-05-19T02:02:10","slug":"us-china-tariff-reduction-boosts-markets-rba-rate-decision-looms-market-navigator","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/113182\/","title":{"rendered":"US-China tariff reduction boosts markets; RBA rate decision looms | Market Navigator"},"content":{"rendered":"<p><strong>Hang Seng Index exhibits cautious optimism<\/strong><\/p>\n<p>The <a href=\"https:\/\/www.ig.com\/en\/indices\/markets-indices\/hong-kong-hs42\" class=\"insight-link\" target=\"_blank\" rel=\"noopener\">Hang Seng Index<\/a> (HSI) concluded the previous trading week with 2.1% gains. Despite positive developments regarding US-China trade tensions, investors in Chinese and Hong Kong equities demonstrated greater caution than their US counterparts. Mixed corporate earnings reports have also weighed on index performance.<\/p>\n<p><a href=\"https:\/\/www.ig.com\/en\/shares\/markets-shares\/jdcom-inc1\" class=\"insight-link\" target=\"_blank\" rel=\"noopener\">JD.com<\/a> reported impressive revenue growth of 16% to 301.1 billion yuan, with sales of premium products driving <a href=\"https:\/\/www.ig.com\/en\/glossary-trading-terms\/net-income-definition\" target=\"_blank\" rel=\"noopener\">net income<\/a> 53% higher. However, investor sentiment remains cautious regarding JD&#8217;s strategic investments in the intensely competitive food delivery sector and potential adverse implications for future profitability. <a href=\"https:\/\/www.ig.com\/en\/shares\/markets-shares\/tencent-holdings-ltd-700-HK\" class=\"insight-link\" target=\"_blank\" rel=\"noopener\">Tencent<\/a> registered robust revenue expansion of 13% to 180 billion yuan, primarily driven by gaming and advertising businesses. Conversely, <a href=\"https:\/\/www.ig.com\/en\/shares\/markets-shares\/alibaba-group-holding-limited-hk\" class=\"insight-link\" target=\"_blank\" rel=\"noopener\">Alibaba<\/a> underperformed both revenue and earnings expectations, intensifying investor concerns regarding weakness in Chinese consumer expenditure and heightened competition within the AI cloud infrastructure segment.<\/p>\n<p><a href=\"https:\/\/www.ig.com\/en\/glossary-trading-terms\/technical-analysis-definition\" target=\"_blank\" rel=\"noopener\">Technical analysis<\/a> continues to indicate a medium-term <a href=\"\">bullish<\/a> trajectory for the HSI. However, momentum has failed to accelerate following the breach of the 50-day SMA, despite significant developments in US-China trade negotiations. The index is currently undergoing a consolidation phase, awaiting additional catalysts to propel it toward the psychologically significant 24,000 threshold. The absence of further positive catalysts may result in the index conforming to a Wave C trajectory within the Elliott Wave Theory framework, potentially directing it toward the 19,000 level.<\/p>\n<p>Figure 2: Hang Seng index (daily) price chart<\/p>\n","protected":false},"excerpt":{"rendered":"Hang Seng Index exhibits cautious optimism The Hang Seng Index (HSI) concluded the previous trading week with 2.1%&hellip;\n","protected":false},"author":2,"featured_media":113183,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[51,51215,51213,51216,21346,51210,2441,51211,51212,51209,16,15,51208,51214],"class_list":{"0":"post-113182","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-catl-hong-kong-ipo","10":"tag-chinese-industrial-production","11":"tag-elliott-wave-theory","12":"tag-hang-seng-index","13":"tag-market-recovery","14":"tag-markets","15":"tag-rba-interest-rate-decision","16":"tag-recession-probability","17":"tag-tariff-reduction","18":"tag-uk","19":"tag-united-kingdom","20":"tag-us-china-trade-agreement","21":"tag-usd-jpy-consolidation"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114532040432923156","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/113182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=113182"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/113182\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/113183"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=113182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=113182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=113182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}