• 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,
US Small Business Optimism

 

10 Apr

US CPI Inflation, Minutes of Fed's March FOMC meeting

 

11 Apr

ECB Monetary Policy Committee, China CPI Inflation, US PPI

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