Hong Kong Dollar interest rates have varied. The overnight rate has fallen for four consecutive days, hitting a low of 4.47% in a month.

13:43 27/02/2024

On February 27, there were individual developments in the Hong Kong dollar interbank interest rates, with the overnight rate rebounding by about 17 basis points to 3.83143%. The one-month interbank interest rate related to property loans fell for four consecutive days, reaching a low of 4.47214%, the lowest since September 11th.

On February 27th, the Hong Kong dollar interest rates developed individually, with overnight rates rebounding by about 17 basis points to 3.83143%. The one-month interbank offered rate related to mortgages fell for four consecutive days to a low of 4.47214%, the lowest since September 11th. The one-week rate rose to 4.29357%, while the three-month rate, reflecting the cost of bank funds, increased to 4.6853%, with the spread against the US dollar LIBOR holding steady at 91 basis points. In terms of longer-term rates, the six-month rate rose to 4.69071%, but the one-year rate fell to 4.76589%. The US will release durable goods orders data on Tuesday and the January Personal Consumption Expenditures (PCE) Price Index on Thursday, which is expected to reflect the strength of the economy and inflation trends. The market sentiment is cautious, and the US dollar was slightly weak on Monday.

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The People's Bank of China has increased its gold holdings for the 15th consecutive month.

100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.