{"id":6252,"date":"2026-06-30T11:55:56","date_gmt":"2026-06-30T03:55:56","guid":{"rendered":"https:\/\/www.bis.hk\/?p=6252"},"modified":"2026-06-30T11:55:56","modified_gmt":"2026-06-30T03:55:56","slug":"the-price-of-passage","status":"publish","type":"post","link":"https:\/\/www.bis.hk\/zh-hk\/the-price-of-passage\/","title":{"rendered":"The Price of Passage"},"content":{"rendered":"\n<p><img decoding=\"async\" style=\"width: 30px;\" src=\"https:\/\/www.bis.hk\/wp-content\/uploads\/2020\/11\/833px-PDF_file_icon.svg_.png\" alt=\"\"> The Price of Passage \u2013&nbsp;<a href=\"https:\/\/www.bis.hk\/PDF\/2026-06-29_chart.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Download Chart of the week<\/a><\/p>\n\n\n\n<p><img decoding=\"async\" style=\"width: 30px;\" src=\"https:\/\/www.bis.hk\/wp-content\/uploads\/2020\/11\/833px-PDF_file_icon.svg_.png\" alt=\"\"> The Market Place \u2013\u00a0<a href=\"https:\/\/www.bis.hk\/PDF\/2026-06-29_marketplace.pdf\" data-type=\"link\" data-id=\"https:\/\/www.bis.hk\/PDF\/2026-02-09_marketplace.pdf\">Download Market Data<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>US financial markets remained driven by the AI investment cycle, with expectations for Fed policy continuing to influence bond and equity valuations.&nbsp;<\/li>\n\n\n\n<li>Political upheaval overshadowed markets as Prime Minister Keir Starmer&#8217;s resignation triggered a leadership transition and renewed focus on economic reform.<\/li>\n\n\n\n<li>European policymakers increasingly focused on boosting competitiveness and investment while balancing climate and fiscal objectives.<\/li>\n\n\n\n<li>Geopolitical developments and energy-market stability remained central concerns across emerging and developing economies.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The dominant global financial theme was the tension between growth ambitions and fiscal constraints. Markets focused on AI-driven investment, government spending priorities, trade and industrial policy, and central-bank outlooks, while political developments in the UK, US, Europe, and China increasingly influenced. <\/p>\n<p class=\"customLink\"><a class=\"\" href=\"https:\/\/www.bis.hk\/zh-hk\/the-price-of-passage\/\">\u66f4\u591a<\/a><\/p>\n","protected":false},"author":2,"featured_media":5119,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-6252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-47"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/6252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/comments?post=6252"}],"version-history":[{"count":1,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/6252\/revisions"}],"predecessor-version":[{"id":6255,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/6252\/revisions\/6255"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/media\/5119"}],"wp:attachment":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/media?parent=6252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/categories?post=6252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/tags?post=6252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}