A.I., rate cuts and Japan's rebound: Asia stocks are looking 'much more promising' than U.S. peers

  • 📰 CNBC
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Asia is more economically diverse than Europe and the U.S. and there are still bright spots in the region, especially in Japan and South Korea.

But Asia is more economically diverse than Europe and the U.S., and there are still bright spots in the region, especially in Japan and South Korea.

It added Asian economies "by and large" avoided qualitative easing on a large scale, leaving the region in better stead in terms of fiscal sustainability, inflation challenges and financial system health. This view is also shared by analyst Daniela Gombert from asset management company DWS, which said that "over a horizon of twelve months, Asian and European stock markets appear to be much more promising than the U.S. market."Specifically for Asia, Gombert points at the Japanese stock market, saying that "Unlike roughly 30 years ago, valuations are far from being as exaggerated as they used to be back then.

The Bank of Japan will also be closely watched, after Governor Kazuo Ueda took the helm earlier this year. Ueda is widely expected to walk the BOJ out of its ultra-dovish monetary policy, although he has made no changes to the BOJ's policy thus far.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Sony Music’s Distribution Company AWAL Launches in India and South AsiaSony Music-owned music distribution company AWAL has launched in India and South Asia, following the acquisition of OKListen, a digital music platform for independent artists and record labels. Bas…
Källa: Variety - 🏆 108. / 63 Läs mer »