The Hang Seng Index, Hong Kong’s stock market, closed the morning down. Although investors are keeping an eye on the release of US inflation data. and the outcome of this week’s Federal Reserve (Fed) monetary policy meeting.
The Hang Seng Index closed in the morning at 19,279.66 points, down 110.29 points or -0.57%.
The US May Consumer Price Index (CPI) will be released on June 13, before the Federal Reserve announces the outcome of its monetary policy meeting on June 14. or early Thursday morning, June 15, according to Thai time.
Analysts expect headline and core CPI to slow. But it is still above the Fed’s target of 2%.
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