International Finance: Five things to watch in Asia stocks after $5-trillion wipeout

A full reopening of China and a slowdown in the Federal Reserve’s tightening cycle will be key drivers for the MSCI Asia Pacific Index to snap back from its worst year since 2008. Signs of relief have emerged as Beijing abandons its Zero-Covid policy and the dollar edges down from its peak, but bruised investors will need more catalysts.the US.

Covid spread “will weigh heavily on China’s consumption and economic growth, at least for the first half of 2023”, Amir Anvarzadeh, strategist at Asymmetric Advisors Pte wrote in a note. The pressure has started to ease as expectations grow for the Fed to turn less hawkish, allowing the Bloomberg dollar gauge to decline since September.

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International Finance: JSE starts 2023 where it started 2022 in rand terms, uncertain times ahead2022 was a bad year for global equities, which lost about a fifth of their value in the worst calendar year performance since the global financial crisis over a decade ago. Against this backdrop, the JSE did not fare too badly but we live in uncertain times, clouding the outlook for 2023. 𝐈 𝐚𝐦 𝐡𝐚𝐩𝐩𝐲 𝐬𝐡𝐚𝐫𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐡𝐞𝐫𝐞, 𝐣𝐮𝐬𝐭 𝐰𝐢𝐭𝐡 $𝟏𝟎𝟎𝟎 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐞𝐚𝐫𝐧𝐞𝐝 𝐦𝐞 $𝟏𝟏,𝟏𝟎𝟎 ,in Just 3_days 𝐭𝐡𝐢𝐬 𝐢𝐬 𝐚𝐧 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐲𝐨𝐮 𝐜𝐚𝐧’𝐭 𝐚𝐟𝐟𝐨𝐫𝐝 𝐭𝐨 𝐦𝐢𝐬𝐬. 𝐓𝐡𝐚𝐧𝐤 𝐲𝐨𝐮 Reyes_martha_FX
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