By Jamie McGEVer
(Reuters) – A look at the coming day in Asian markets.
Asian stocks are expected to open on the defensive on Monday, taking the baton from Wall Street bruised on Friday as concerns over the US economy and new tariff threats formed President Donald Trump throwing a cloud over the world markets .
The local calendar is lightweight, with New Zealand retail sales and inflation of Singapore the main data points, and Deputy Governor of New Zealand backbank, Christian Hawkesby, to speak in Wellington.
Investors will spend the German election, which saw a victory for the Opposition Conservatives and the right-south alternative for Germany's best show.
The market tone on Monday will be one of nervousness and uncertainty, as investors seek the safety of bonds, gold and US dollar. The future of Japan's equity highlights a fall of 1.75% outdoors.
Unexpectedly weak economic activity data in the US and Europe sets a mood on Friday, and reasonably sign-friendly signs over the weekend around the Russian-Ukraine peace deal forecasts broked in the US are unlikely to ' to improve a lot.
The Treasury product fell last week, Gold rose for an eighth week – its best run since 2020 – closing in at $ 3,000 per ounce, while the dollar had prevented the decay of its recent sale.
The NASDAQ fell 2.5%, its worst week in three months, lagging behind in its world peers and noting that performance in the performance that has been a world -class festivity in recent years has peaked.
As strategists Bank of America quote, the 'seven magnificent' may now be the 'seven seven'.
The MSCI World Index fell 1% last week, the euro domain stocks are thrown over the week after the new record after making the new record high, and MSCI Asia's pre-Japan Index rose 1.5% for a sixth consecutive weekly earnings. That's his best run since November, 2022.
Rotation out of Wall Street seems to be in Europe and Asia in the pipeline, one can see why – US stocks are overheating, valuations are expensive and the location is extended. Europe and Asia look attractive.
European Equity Funds on EPFR in the third week of February recorded their largest inflow since the beginning of 2022 and Chinese technology stocks listed in Hong Kong have increased by 35% in the past six weeks.
That momentum is unlikely to last, and next week could see back. But the main indices in mainland China, Japan and India are still in negative territory for the year – could their weak exchange rates tempt a wave of inflows?
Investors shouted President Xi Jinping's meeting last week with Chinese technology and other business leaders, and the good feeling factor seems to make up nervousness around the yuan and uncertainty about the threat of US tariffs Possible trade war.