Bullish Asian Stock Calls Mount in the New Year

Bullish Asian Stock Calls Mount in the New Year

From buying and selling desks to Wall Street analysts, constructive calls are rising over Asian shares this 12 months as the outlook for earnings, valuations and flows all level upward. 

The rally since end-October has pushed the MSCI Asia Pacific Index up by nearly 23%, outperforming the US benchmark by the most since 1993 whereas additionally beating its European peer. The predominant driver has been China’s reopening, with aweakening greenback giving an added fillip as buyers search for recession-proof markets.