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Hong Kong's Hang Seng TECH Index Falls Over 13%, Lenovo Drops Nearly 20%

3 days ago

On April 7th, Hong Kong stocks continued to decline. The Hang Seng TECH Index dropped by more than 13%, and the Hang Seng Index fell by 9.9%. Lenovo Group (00992.HK) decreased by nearly 20%. (Jinse)
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The Nasdaq 100 Index Soars Over 10%, Marking Its Biggest Gain Since October 2008

On April 10th, market data indicates that the Nasdaq 100 Index witnessed a surge of more than 10%, which marks the largest single-day increase since October 2008. (Golden Ten)

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Federal Reserve Meeting Minutes: Significant Economic Outlook Uncertainty, Maintaining Interest Rates Unchanged Is Appropriate

On April 10th, the minutes of the Federal Reserve meeting revealed that the majority of participants pointed out that inflationary pressures stemming from various factors could be more enduring than they had initially expected. All the meeting participants held the view that considering the considerable uncertainty regarding the economic outlook, it was appropriate to maintain the current interest rate. (IG)

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Bitcoin Surges Above $82,000, Up 5.7% in 1 Hour

On April 10th, Bitcoin saw a rebound and broke through $82,000. It is now trading at $82,106, with a 5.7% increase in the past hour.

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After Trump Suspends Tariffs, Traders Trim Bets on May Fed Cut

On Wednesday, April 10th, President Trump of the United States stated that he would suspend the plan announced last week to increase tariffs on most countries significantly for 90 days. Subsequently, traders significantly reduced their wagers on a Fed rate cut commencing in May. Rate futures trading shows that traders now think that the possibility of a rate cut in the US starting in June is much higher than in May. They still believe that by the end of this year, the Fed will cut interest rates a total of four times. (FXStreet)

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White House: Tariffs Will Drop to a Uniform 10% Level During Negotiations

On April 10th, the White House of the United States announced that during the negotiations, the tariff level would be decreased to a uniform 10%. (Golden Ten)

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Ethereum Rises to Touch $1600

On April 10th, based on HTX market data, Ethereum has rebounded and reached $1600. Currently, it is trading at $1589.

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