forex cross rate

The Indian government said it is investigating a data breach affecting Tata Electronics that resulted in some documents related to the iPhone 18 Pro being exposed on the dark web.

HSI closed up 295.0 points, or 1.28%, at 23350.03 points on July 3 (Friday);Hong Kong’s Hang Seng Technology Index closed at 4499.0 points, up 44.72 points, or 1.0%, on July 3 (Friday); br/>The state-owned enterprise index closed up 87.28 points, or 1.15%, at 7699.76 points on July 3 (Friday);The red chip index closed at 3807.42 points, up 71.82 points, or 1.92%, on July 3 (Friday).

An SK Hynix Leveraged ETF in the Hong Kong market has grown into a force that can shake the market: CSOP SK Hynix Daily Double Leveraged ETF has expanded to US$13 billion in just 9 months since its launch, becoming the largest single stock leveraged ETF among similar products in the world. By comparison, the combined assets under management (AUM) of leveraged ETFs tracking Micron, Nvidia, SanDisk and Tesla are less than $10 billion. With a scale of US$13 billion, it is now approximately twice SK Hynix’s average daily turnover this year. The gap is widest among major stocks with leveraged ETFs. On volatile trading days, the ETF and its smaller cousins ​​can account for about 66% of all SK Hynix trading volume, a staggering number for a company with a market capitalization of $1.2 trillion. SK Hynix and Samsung together account for 57% of the weight of the Korea Composite Stock Price Index, of which SK Hynix alone accounts for 28%, which means that fluctuations in a single ETF are enough to affect South Korea's entire benchmark index. The ETF plunged 25% on Thursday, It triggered a wave of forced selling that accelerated volatility in stocks and the broader market. It sounds incredible that a leveraged ETF can now influence the entire market.

The final value of the Eurozone services PMI in June was 49.4, compared with the expected 48.9 and the previous value of 48.9.

The final Eurozone comprehensive PMI value in June was 50, compared with the expected 49.5 and the previous value of 49.5.

Germany's June comprehensive PMI final value was 49.5, expected 48, and the previous value 48.