The Hong Kong stock market has moved higher in two straight sessions, advancing more than 210 points or 1 percent along the way. The Hang Seng Index now sits just above the 20,485-point plateau although the rally may stall on Wednesday.
The global forecast for the Asian markets is cloudy and fairly flat amidst a lack of catalysts. The European markets were up and the U.S. bourses were mixed and the Asian markets figure to split the difference.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.