Asia suddenly the place to be as stocks and currencies shine

Not all Asian stock markets have prospered, with Japan’s Topix suffering its first quarterly loss in two years after a rates hike in July. (Image: Kiyoshi Ota/Bloomberg)

Bloomberg

Sat, 05 Oct 2024

By Richard Henderson and Charlotte YangAsian assets swung violently over the past three months, rocked by a succession of epochal events that culminated in a giant stimulus boost for China and propelled the region’s equities to world beaters.Having gained momentum, they’re now a focal point for global investors preparing for lower US interest rates and a presidential election likely to further shake up financial markets.It all points to an extended period of volatility after stock, bond, credit, currency and commodity markets were r...

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