President Powell, chairman of the United States Federal Reserve, "pigeon", the US -Asia and Europe stocks have risen, the Du Jones Industry Average IndexHowever, the Hong Kong stocks that were opened later could not catch up. The Hang Seng Index rose only 133 points, and the increase was only 0.5 %, reflecting the market's concerns about the further decline of the Sino -US trade war on the Sino -US trade war. The Federal Reserve said earlier not to raise interest rates this year, but Powell recently said that the authorities are paying attention to the impact of the development of issues such as trade negotiations on the economic prospects of the United States.Near the target level.Powell is open to interest rate reduction at the time of time, and one of the St. Louis Federal Reserve President Brad, one of the members of the Storage Bureau, said that it may be "soon" that it may need to be reduced, so that the market expects to pay as soon as possible.The implementation. The stimulus measures have gradually disappeared Good economy, there is no need to reduce interest at all.The first quarter economic growth was expected to be announced by China and the United States earlier. At that time, the economic atmosphere was that everyone expected that the trade negotiations would reach an agreement.The impact of categories expands.Economic data finally shows the destruction of these disputes on economic activities. The Chinese official manufacturing procurement manager index (PMI) fell below the glory line in May, only 49.4.Although the United States has gone to 50.5, it has maintained an increase in maintenance, it has plummeted from April, the lowest in three years; the new single index is only 49.6.6th, hitting a new low in ten years.Division; the growth of private positions is the least in nine years, far witch expectations.The reason why Brad proposed that it might have to raise interest rates is that the economic slowdown may exceed expectations. In the first quarter of this year, the economic growth of the United States has long pointed out that there are three major short -term factors, including the increase in government infrastructure expenditures, greatly reduced imports, and the increase in business inventory. It is expected that these factors may not continue, and the tax reduction effect a year agoIt has also faded to increase the pressure to reduce interest at the Federal Reserve to save the economy. The property market is pulled by two major factors The influence of the trade war expands to economies outside China and the United States, and the latest global economic outlook report of the World Bank has reduced global economic growth in this year and next. It is expected that emerging economies will be the most affected, and the economy of Turkey and Argentina will shrink.Singapore's latest manufacturing manager index fell into a atrophic state, only 49.99.The Oluo district, which had a lot of problems, fell to six years. The European and Indian central banks are discussing today. Everyone pays attention to whether it will imitate the US "pigeons", while the Australian Central Bank has already cut interest rates for the first time in three years, and China has also stressed the pressure of silver root. For Hong Kong, the US interest rate reduction is still lower than the United States. Even if it does not necessarily be reduced, the threat of interest rate hikes will no longer stimulate the property market atmosphere.However, Hong Kong began to slow down last year. In the first quarter of this year, the performance was far inferior to China and the United States. If the economy declined further, it would inevitably affect market confidence. The property market would face the opposite direction of low interest rates and economic confidence.