By Jamie McGeever
(Reuters) – A look at the coming day in the Asian markets.
Asian markets enter the new week on foot, supported by the lower dollar, a continuous rebound in China and a wider passage in global assets while investors are running out of the exchange of “American exceptionalism” which have them so well served last year.
The main calendar event is GDP data from the fourth quarter of Japan. Economists expect an annualized growth of 1.0%, according to a Reuters survey, a little less than the revised expansion of 1.2% in July-September, commercial investments constituting low consumption.
The dollar is a two -month hollow, dragged by the delay in the Trump administration’s pricing proposals being implemented. President Donald Trump’s ultimate tariff destination may not have changed, but the trip takes more time than many analysts may not expect, which relieves markets and weighing on the dollar.
The dollar has been down four days in a row, its longest sequence of defeats since August. Most key emerging market currencies are now faced on the green date of the year, with the exception of the Indian rupee.
Emerging and Asian active ingredients more widely obtain an elevator. The MSCI Asia ex -Japan index rebounded 8% last month, an impressive decision but not an patch on Hong Kong shares – Hang Seng is up 20% last month and the Hang Seng Tech index increased by 30%.
Analysts of the Bank of America note that since the inauguration of Trump on January 20, the actions of large “Batx” companies of Chinese technology – Baidu, Alibaba, Tencent and Xiaomi – are up 22%, while the “ MAGNIFIENT SEVER “in America increased by 0%.
The head of the Wisdomtree’s actions, Jeff Weiger, notes that the Top Tech Stocks group of China “crushing” the “Magnifiers Seven. How many juices is it in this movement?
If Deepseek shows that China is part of the AI world breed, this trend could continue – Chinese shares are extremely undervalued compared to their American peers, and as Bofa analysts note, market capitalization “Batx” is currently only $ 1 billion compared to Seven 17 Billion Dollars magazine.
Elsewhere in the technological space / AI, Taiwan Semiconductor Manufacturing CO and Broadcom are each of the potential offers which will break the American icons of the manufacturing of tokens in two, reported the Wall Street Journal on Saturday.
Meanwhile, geopolitical developments with rapid evolution around the Russian-Ukraine war are back on investor radar. French president Emmanuel Macron will organize a European emergency summit on Monday after US officials suggested that Europe would have no role in talks on the end of the conflict, a peace process that will be carried out between the states- United and Russia.
