Global Forex and Fixed Income Roundup: Market Talk
Citi forecasts Macau’s February gambling revenue at MOP 20.5 billion.
Citi issued a research report stating that Macau's gambling revenue reached MOP 22.633 billion in January this year, with average daily revenue of approximately MOP 730 million, representing a 24% year-on-year increase and reaching about 91% of the level seen in the same month of 2019. The figure was approximately 5% higher than market forecasts.
PwC predicts that the Hong Kong government's consolidated budget deficit for the 2025/26 fiscal year will significantly narrow to just HKD 2 billion.
In response to the upcoming government Fiscal Budget, PwC has proposed a series of strategic recommendations aimed at driving growth and exploring new opportunities.
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