This year, Asian stock markets have been mixed against the backdrop of a strong dollar. Some have achieved bull markets in local currency-denominated stocks at the expense of exchange rate depreciation, while others have sacrificed some of the gains in stock markets with relatively stable exchange rates. Only South Korea is an exception. In terms of Korean won, the Korea Composite Index KSOPI has fallen by 10.0% this year, considering the decline in the Korean won.
European stocks edged lower on Tuesday, halting a five-day winning streak. The falls in energy stocks outweighed recent optimism about the Federal Reserve's interest rate cut. Europe's Stoxx 600 index closed down 0.5% as lower oil prices hit energy stocks and banks fell. Germany's DAX index fell 0.3%, capping its longest streak of gains since 2014. Global risk assets suffered losses earlier this month as investors worried about a slowing U.S. economy, and highly valued stocks such as technology ...
Global stock markets have tumbled this week, and cryptocurrencies have also seen a wash-out plunge. Industry experts believe that anti-ETFs can help investors manage risk in market volatility, and more related products are expected to be launched in the market. Hu Zhenbang, chief financial officer of OSL, said that reverse ETFs are in the digital market.
On August 7th, the picture shows the Asia-Pacific market stock market index. Today, Shinichi Uchida, deputy governor of the Bank of Japan, said for the first time after "Black Monday" that the Bank of Japan will not raise interest rates if the market is unstable. The remarks calmed uneasy investors. Asian stocks also rebounded, and the Nikkei 225 index rose by 3%.