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Financial Services Roundup: Market Talk

1. Citi raises target price for Hong Kong Exchanges & Clearing to HK$500. 2. Aberdeen expected to see 7% annual earnings growth despite uncertainty. 3. Gold investment flows are decreasing ahead of the Jackson Hole conference. 4. Singapore Exchange reports 27% increase in July securities turnover. 5. RHB forecasts decline in Singapore banks' net interest income for 2025.

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FAQ

Why Neutral?

While there are positive earnings forecasts, external factors such as geopolitical risks may hinder growth.

How important is it?

The article discusses market performance and trends that could affect SPY indirectly.

Why Short Term?

Impacts from current market conditions and earnings may show in upcoming earnings reports.

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