From Investing.com: 2024-11-11 05:30:38

Hong Kong stocks led declines in Asia on Monday following Beijing’s stimulus package. The dollar remained near a four-month peak. Chinese markets were volatile, with blue chips trading higher after earlier dips. Asian shares were mixed, with Australia’s benchmark falling 0.4%. Bitcoin hit a record high, while the dollar edged up against major peers. The Republican party is close to controlling both chambers of Congress, boosting expectations of equities-boosting policies. Gold and oil prices dropped. Bond markets in the U.S. were closed for Veterans Day. Political uncertainty in Europe weighed on the euro and sterling. Minutes from the Bank of Japan showed officials were divided on rate hikes.

Hong Kong stocks fell 1.9% after Beijing’s stimulus fell short of expectations. Dollar near four-month peak. Chinese blue chips volatile, trading higher after dips. Asian shares mixed, Australia’s benchmark down 0.4%. Bitcoin at record high, dollar edges up. Republicans close to controlling Congress, boosting equities hopes. Gold and oil prices drop. Euro, sterling edge down. Bank of Japan officials divided on rate hikes. Bond markets in U.S. closed for Veterans Day. Political uncertainty in Europe weighs.



Read more at Investing.com: Asian stocks slide as China stimulus disappoints; bitcoin extends record rally By Reuters