24 Jul 2024
This downturn is largely attributed to the growing concerns over the demand in China, with investors remaining cautious in the wake of the People's Bank of China's unexpected 10-basis point interest rate cut earlier this week. The market's disappointment was further fueled by the Third Plenum's failure to introduce significant support policies.
24 Jul 2024
24 Jul 2024
23 Jul 2024
23 Jul 2024
23 Jul 2024
22 Jul 2024
The potential for a ceasefire in Gaza following US officials' optimistic statements about imminent peace negotiations, overshadowed market sentiment. The easing of Middle East tensions, traditionally a driver of oil price volatility, contributed to the market's sharp downturn.
