Shiraverse Latest Questions
Economic growth in Q2 2024 slowed to 4.7%, down from 5.1% in Q1, accompanied by sluggish retail sales growth and weaker-than-expected investment in manufacturing, infrastructure, and property.
The rally might be sentiment-driven, with fundamentals like slower GDP growth, declining consumption, and underperforming sectors such as manufacturing and real estate raising concerns about sustainability.
Traders can monitor the USD/HKD exchange rate. Strong HKD demand, reflected by the exchange rate approaching the lower end of its pegged range (HK$7.75β7.85 per USD), indicates significant capital inflow into Hong Kong markets.
Government policies such as stimulus packages, reduced interest rates, and liquidity injections strengthen investor confidence, boosting equity market performance. However, these policiesβ long-term sustainability depends on underlying economic fundamentals.
The Hang Seng Index (HSI) in Hong Kong surged 37% YTD, and the FTSE China A50 Index (A50), tracking the largest 50 A-Share companies, recorded gains of over 43% YTD.
The rally in Asian equity markets was driven by government stimulus measures, including interest rate cuts and injecting additional liquidity into banks. These measures aimed to release approximately $340 billion to support the stock market.
A stronger HKD, indicated by high demand, often correlates with increased foreign investments in Hong Kong stocks, suggesting momentum in the equity market.
CFDs allow traders to speculate on price movements without owning the underlying asset, offering leverage and flexibility. Stablecoin-settled CFDs enhance accessibility for crypto-native users.
Yes, Bybit’s MT5 trading platform integrates traditional and crypto asset trading, enabling traders to capitalize on Asian equity opportunities in both upward and downward market directions.
Right now, Pi Network (PI) is sitting around $0.61. It actually hit a low of $0.54 recently, which is a big drop from the $2.98 it hit back in February. So yeah, itβs had a rough patch lately. People are kinda split on where itβs headed. Some believe that if Pi gets listed on big exchanges and actuaRead more
Right now, Pi Network (PI) is sitting around $0.61. It actually hit a low of $0.54 recently, which is a big drop from the $2.98 it hit back in February. So yeah, itβs had a rough patch lately.
People are kinda split on where itβs headed. Some believe that if Pi gets listed on big exchanges and actually delivers on what it promised (like building a solid ecosystem), the price could bounce backβmaybe even reach close to $4. Others are playing it safe and think it might just slowly climb to around $0.79 by 2030.
Bottom line: it’s crypto, so it’s super unpredictable. A lot depends on whether Pi actually becomes useful or just stays as hype. Always good to do your own digging before jumping in with real money.
If you’re holding some Pi, you never knowβcould be something, could be nothing. Just gotta watch it play out.
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