HK50 Dips Amid Escalating Trade Tensions
EN

Download App

  • Market Insights  >  Trade Of The Day

8 April 2025,00:37

Trade Of The Day

HK50 Dips Amid Escalating Trade Tensions

8 April 2025, 00:37

Share on:
FacebookLinkedInTwitterShare

Fundamental Analysis:

The Hang Seng Index continues to face downward pressure as tensions between the U.S. and China intensify. Investor sentiment took another hit after President Trump issued a renewed threat to impose a 50% tariff on April 9th should China fail to remove its retaliatory 34% tariffs. This escalating standoff between the world’s two largest economies remains the primary driver of market volatility and investor caution, weighing heavily on Hong Kong equities.

Technical Breakout:  HK50 is currently trading lower and testing a critical upward trendline and support level at 18,960.00. MACD shows increasing bearish momentum, while RSI has dipped sharply, signaling continued selling pressure. A confirmed breakout below this level may push the index further down toward the next support at 16,965.00. However, failure to break below could trigger a technical rebound toward the resistance level of 21,385.00.

Potential Risks: Trade war uncertainty continues to dominate headlines, with potential to trigger deeper declines across global equity markets.

Monitoring: Stay updated on potential trade tensions between US and world to gauge the likelihood movement for several asset classes.

Open Your Free Demo Account And Start Trading Risk-Free

Join Now

Step into the world of trading with confidence today. Open a free PU Prime live CFD trading account now to experience real-time market action, or refine your strategies risk-free with our demo account.

Disclaimer

This content is for educational and informational purposes only and should not be considered investment advice, a personal recommendation, or an offer to buy or sell any financial instruments.

This material has been prepared without considering any individual investment objectives, financial situations. Any references to past performance of a financial instrument, index, or investment product are not indicative of future results.

PU Prime makes no representation as to the accuracy or completeness of this content and accepts no liability for any loss or damage arising from reliance on the information provided. Trading involves risk, and you should carefully consider your investment objectives and risk tolerance before making any trading decisions. Never invest more than you can afford to lose.

Start trading with an edge today

Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.

  • Start trading with deposits as low as $50 on our standard accounts.
  • Get access to 24/7 support.
  • Access hundreds of instruments, free educational tools, and some of the best promotions around.
Join Now

Latest Posts

Fast And Easy Account Opening

Create account
  • 1

    Register

    Sign up for a PU Prime Live Account with our hassle-free process.

  • 2

    Fund

    Effortlessly fund your account with a wide range of channels and accepted currencies.

  • 3

    Start Trading

    Access hundreds of instruments under market-leading trading conditions.

Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.

Thank You for Your Acknowledgement!

Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.

Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.

Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.

Thank You for Your Acknowledgement!

  • Market Insights  >  Trade Of The Day

8 April 2025,00:37

Trade Of The Day

HK50 Dips Amid Escalating Trade Tensions

8 April 2025, 00:37

Share on:
FacebookLinkedInTwitterShare

Fundamental Analysis:

The Hang Seng Index continues to face downward pressure as tensions between the U.S. and China intensify. Investor sentiment took another hit after President Trump issued a renewed threat to impose a 50% tariff on April 9th should China fail to remove its retaliatory 34% tariffs. This escalating standoff between the world’s two largest economies remains the primary driver of market volatility and investor caution, weighing heavily on Hong Kong equities.

Technical Breakout:  HK50 is currently trading lower and testing a critical upward trendline and support level at 18,960.00. MACD shows increasing bearish momentum, while RSI has dipped sharply, signaling continued selling pressure. A confirmed breakout below this level may push the index further down toward the next support at 16,965.00. However, failure to break below could trigger a technical rebound toward the resistance level of 21,385.00.

Potential Risks: Trade war uncertainty continues to dominate headlines, with potential to trigger deeper declines across global equity markets.

Monitoring: Stay updated on potential trade tensions between US and world to gauge the likelihood movement for several asset classes.

Open Your Free Demo Account And Start Trading Risk-Free

Join Now

Start trading with an edge today

Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.

  • Start trading with deposits as low as $50 on our standard accounts.
  • Get access to 24/7 support.
  • Access hundreds of instruments, free educational tools, and some of the best promotions around.
Join Now

Latest Posts

Fast And Easy Account Opening

Create account
  • 1

    Register

    Sign up for a PU Prime Live Account with our hassle-free process.

  • 2

    Fund

    Effortlessly fund your account with a wide range of channels and accepted currencies.

  • 3

    Start Trading

    Access hundreds of instruments under market-leading trading conditions.

Past

HK50 Dips Amid Escalating Trade Tensions

13 April 2025 Watch Here

Fast And Easy Account Opening

Create account