News

Haidi Stroud-Watts in Sydney and Vonnie Quinn in New York drive to the Asia, Australia and New Zealand market opens while wrapping the biggest stories of the previous day on Wall Street. Today’s guest: Olivier d’Assier, Qontigo Head of APAC Applied Research

“Investors are buying tech stocks, which would be kind of anti-value,” Managing Director of Applied Research at Qontigo Melissa Brown, told Investing.com’s Yasin Ebrahim on Friday.

Qontigo Head of APAC Applied Research, Olivier d’Assier, discusses investor sentiment and his latest global market outlook on “Bloomberg Daybreak Middle East”.

Romaine Bostick & Scarlet Fu bring you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street and tackles Silvergate’s selloff, retail earnings and SEC’s market overhaul proposals

U.S. stocks fell on Wednesday as Treasury yields jumped after manufacturing data indicated stubbornly high inflation, while comments from Federal Reserve policymakers maintained a hawkish policy stance.

Olivier d’Assier, Head of Applied Research of Asia-Pacific at Qontigo, says China’s regulators and the government are trying to make sure that the country is “on target” after last year’s “big miss.”

Melissa Brown, Managing Director of Applied Research with Qontigo, says despite the recent strong economic data the U.S. still is at risk of experiencing a recession this year.

Melissa Brown, Managing Director of Applied Research at Qontigo, says investors are moving out of more volatile stocks which are considered higher risk and into more defensive areas of the market.

Wall Street’s main indexes tumbled on Friday, on course for their biggest weekly drop of 2023, as further strong consumer data had investors bracing for more aggressive rate hikes from the Federal Reserve to fight sticky inflation. This report produced by Alex Cohen.

Fourth quarter 2022 insights from Qontigo, revealed that the ESG segment of the total global passive ETF market is just 4.7 per cent but accounted for more than 10 per cent of all net new assets across the industry in 2022.

Qontigo’s Melissa Brown discuss what’s driving the markets.