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Hong Kong's Lam: Will launch stimulus measures when unrest settles

Hong Kong's government expects negative economic growth for full year 2019 and will launch economic stimulus measures once the unrest settles, Hong Kong's leader Carrie Lam said on Tuesday, according to Reuters News. 

The economy may have fallen into a recession, courtesy of five months of anti-government protests that erupted in flames at the weekend.

The preliminary estimate for third-quarter gross domestic product on Thursday is expected to show two successive quarters of contraction - the technical definition of a recession.
 

Gold technical analysis: Risks skewed to the downside after failed breakout

Gold is looking south, having witnessed a failed breakout in the previous two trading days. The yellow metal closed at $1,504 on Friday, confirming an
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USD/CNH: On the back foot below 50-day EMA amid increasing trade optimism

With the increasing odds of a successful trade deal between the United States (US) and China, USD/CNH pulls back to 7.0565 amid the initial Tuesday.
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