nvestor sentiment ended the week bearish in the US and in global developed markets. It declined to a more negative mood in developed Europe, but just short of a bear level. Sentiment continued to improve, meanwhile, in Asia ex-Japan, global emerging markets and China on the back of the latter’s economic stimulus plans.
Investor sentiment remained bearish in the US and global developed markets last week, and negative in Europe. In contrast, sentiment continued to recover in Asia ex-Japan, global emerging markets and China, on the back of the Chinese government’s pledge to provide economic, fiscal and monetary support.
Last month’s recovery in sentiment was sent into reverse in May with investors in the US, developed world and Asia ex-Japan ending last week bearish. Sentiment also weakened in developed Europe, ending in negative levels but not yet bearish. Investors in emerging markets, Japan and China ended the week neutral.
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