May 3, 2024

News and Political Commentary

China, Fed and Elections: What Will Move Asian Stocks in 2024

2 min read

Asian equities can look forward to a boost from interest rate cuts and a weaker dollar in 2024, but it’s China that will determine the region’s performance versus peers.

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(Bloomberg) — Asian equities can look forward to a boost from interest rate cuts and a weaker dollar in 2024, but it’s China that will determine the region’s performance versus peers.

Whether the world’s second-biggest economy can finally recover and fix its embattled property sector is among the main questions for investors this year. Chinese stocks ended 2023 with a record third year of losses and contributed to the MSCI Asia Pacific Index trailing global equities by 11 percentage points.

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Bloomberg News

2024-01-03 18:30:11

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