The Hang Seng Index moved upwards today, even as trading on Tokyo’s Nikkei 225 closed with a slight loss. Some analysts posit that a lifting of COVID-19 restrictions in Shanghai could be behind increased optimism on major Asian markets.
Oil prices have been rising over the past week, with both Crude and benchmark Brent Oil on an upward trend. The beginning of summer as well as rebounding Chinese demand could be the proximate causes.
On Sunday, Chinese authorities announced a coming lockdown of Shanghai. What repercussions could this latest containment measure have on the global economy?
Hong Kong’s Hang Seng Index fell sharply Monday, while American-listed Chinese firms were down in pre-market trading. What factors could have been behind this trend?
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