Angle: Foreign capital inflows into Asian stocks, US interest rate forecasts and rising tech stocks are supported
July 5, 2024 9:14 AM GMT+9 (some excerpts)
Foreign investors transferred large amounts of money to the Asian stock market in June. The background is that high price pressure in the United States has eased and expectations that the US Federal Reserve (FRB) will cut interest rates by the end of the year have increased.
I switched from an oversale in April-May to an overpurchase. The rapid growth of AI (artificial intelligence) related companies worldwide, and the increase in exports of high-tech related products in Asia also supports the market price.
I switched from an oversale in April-May to an overpurchase. The rapid growth of AI (artificial intelligence) related companies worldwide, and the increase in exports of high-tech related products in Asia also supports the market price.
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