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USD/CNH is stable around 7.1260 and the Hang Seng China Enterprises Index rose 2.4%. The Central Committee of the Communist Party kicked off its four-day conclave – known as the Fourth Plenum – to set the nation’s economic and technological goals over the next five years.
💡 DMK Insight
As the Central Committee of the Communist Party convenes for its Fourth Plenum, the stability in the USD/CNH exchange rate suggests a cautious optimism among investors. The rise in the Hang Seng China Enterprises Index indicates that market participants are hopeful about the economic and technological directives that will emerge from this meeting. However, the real test will be whether these goals translate into actionable policies that can sustain growth amid global uncertainties. For traders, this is a reminder that while stability can be comforting, it often precedes significant shifts in sentiment.
📮 Takeaway
Watch for policy announcements from the Fourth Plenum that could impact market dynamics.
