Equity markets spooked by currency moves

Nikko AM

Nikko AM

Recent moves may be exaggerated by the lack of liquidity as a result of northern summer holidays but the results have seen major technical damage to equity markets, as major long-term trend lines have been broken. The question is not whether the market can bounce from here, and whether it would be a surprise if it couldn’t, but is it the beginning of a trend change, as rallies are simply met by sellers? (VIEW LINK)

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Nikko AM
Nikko AM

Nikko Asset Management is one of Asia’s largest asset managers, providing high-conviction, active fund management across a range of Equity, Fixed Income, Multi-Asset and Alternative strategies. In April 2021, Yarra Capital Management acquired...

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