Ahead of Friday's holiday for Labor Day, the Hong Kong stock market had turned lower again on Wednesday, one day after ending the two-day slide in which it had slumped almost 300 points or 1.2 percent. The Hang Seng Index now rests just above the 25,775-point plateau although it's tipped to open to the upside on Monday.
The global forecast for the Asian markets is cautiously optimistic on strength from the technology stocks and easing crude oil prices. The European and U.S. markets were mixed to higher and the Asian markets are likely to open in similar fashion.
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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.