Summary
- In a strong start to the year, equity markets showed signs of rotation in favour of Europe and Japan.
- European equities may benefit from appealing valuations, while Japan from the domestic investor demand.
- During the week, tensions in the Middle East pushed oil to the highest level since October.
Actionable ideas
- Go global in the search for potential equity opportunities
After the strong US dominance in 2023, the equity rally is moving global, with countries like Japan expected to continue to perform.
- Look at European equity in the search for value
European equities could see a broadening of the rally. In particular value cyclical stocks could benefit from a stabilising economic outlook.
Key Dates
9 Apr Japan Consumer Confidence, |
10 Apr |
11 Apr ECB Monetary Policy Committee, China CPI Inflation, US PPI |
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