• The equity rally has moved to China and Emerging Markets, which have outperformed since Mid April.
  • Supportive policy measures in China aimed at stabilizing the housing market came in earlier than expected.
  • Emerging Markets equity remain relatively cheap compared to developed markets.

Actionable ideas

  • Emerging Markets equities
    The outlook for emerging markets equities is positive as these economies should continue to grow faster compared to the developed markets.
     
  • Asia equities
    Asia may offer a diversified range of opportunities with interesting stories for example in India, Indonesia and Korea.

Key Dates

29 May

CPI: Germany, Australia

 

30 May

US GDP, EZ  unemployment

 

31 May

GDP: France, Italy, India, Canada

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