Hang Seng Index Slides on Fed and US Tariff Jitters – Weekly Recap
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The Hang Seng Index fell by 6.28% due to concerns over US tariffs and China's credit data. The Nikkei and ASX 200 also faced challenges, particularly in the mining sector, amid increased risk aversion.
November 16, 2024 | 8:30 am
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AAAU, a gold ETF, may see increased interest as investors seek safe-haven assets amid market volatility caused by US tariff concerns and China's credit data.
The market volatility and risk aversion highlighted in the article could lead investors to seek safe-haven assets like gold, potentially benefiting AAAU. The ETF is not directly mentioned but is relevant due to its nature as a gold investment vehicle.
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