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Global Markets Brace for Key Openings and Geopolitical Shifts
Stock Market News·2025-10-20 09:38

Key TakeawaysGold has reached a 30-year high in global central bank reserves, now comprising over 20% of total holdings, signaling a significant shift away from fiat currencies like the U.S. dollar.Hong Kong's Hang Seng Index is anticipated to open 2.5% higher, with the Hang Seng Automobile Index projected for an even stronger 3% gain.The People's Bank of China (PBoC) injected 189 billion yuan through 7-day reverse repos at an unchanged rate of 1.40%, while also draining a net 64.8 billion yuan from open ma ...