Hang Seng today came close to the 50 day moving average and rebounded off it. If for the next 2 days can continue to go higher, then a higher low would be formed. But do be cautious as the 20 day is slopping down.
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BBC News- Anthropic labelled a supply chain risk by PentagonThe supply chain risk designation of the artificial intelligence firm is a first for a US company.
- States sue Trump administration over new 'unlawful' global tariffsThe 24 states are seeking to block Trump's latest tariffs, which he imposed to replace levies struck down by the Supreme Court.
- Will petrol and diesel prices go up now?If oil prices remain high for some time, the knock-on effects could affect the costs of fuel and food
- UK firms pull fixed energy deals as Iran war pushes up pricesData suggests the number of fixed-term deals has more than halved as prices for wholesale energy surge.
- UK firms pull fixed energy deals as Iran war pushes up pricesData suggests the number of fixed-term deals has more than halved as prices for wholesale energy surge.
- Electricity, water and sewage prices set to riseElectricity prices on the Isle of Man will rise by 1.5%, while water and sewage goes up by 2.9%.
- South East Water faces £22m fine for supply failuresThe firm was unable to cope during high demand, Ofwat says, leading to "immense stress" for customers.
- Nearly 4m Londoners below income for decent livingAnalysis shows that most private renters live with less than what is needed for day-to-day life.
- Price cut on the way for some gas customersGas prices in the Ten Towns area will fall by just over 10% in April.
- China sets lowest economic growth target since 1991It is also the first time the target has been lowered since it was cut to "around 5%" in 2023.
- Anthropic labelled a supply chain risk by Pentagon
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