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Investor sentiments seem to be improving despite the slowing down of the global economy, especially in Asia. But what’s driving this positive sentiment? And will this bullish tone of markets continue? On Money in the Market, The Afternoon Update’s Hongbin Jeong speaks to Olivier d’Assier, Head of Applied Research, APAC at Qontigo to find out more.

Melissa Brown spoke to Tim Smart of U.S. News & World Report about current market conditions noting, “sentiment has been quite positive over the last two months.

Historical precedent suggests there’s an 80 percent chance that markets will continue to go up, according to Qontigo.

Stocks immediately fell Wednesday afternoon following the Fed’s announcement before quickly rebounding.”No big surprise in today’s announcement, either in the level of rate increase or in the accompanying language,” Melissa Brown, Global Head of Applied Research at financial analytics and index provider Qontigo, said in an emailed statement.

Melissa Brown, Managing Director of Applied Research at Qontigo, said the 25 basis point increase is baked in already, but what the policy makers say about what they will do for the rest of the year is what’s going to be important.

Olivier D’Assier, APAC Applied Research Head at Qontigo, discusses the latest on the markets. He spoke with hosts Doug Krizner and Vonnie Quinn on “Bloomberg Daybreak Asia.”

Paul Allen in Sydney and Kathleen Hays 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. One of today’s guests: Olivier d’Assier, Qontigo Head of Applied Research, APAC (Source: Bloomberg)

The Dow racked up gains Wednesday, as investors increased bullish bets on stocks on optimism that data due Thursday will show a further slowdown in inflation. “Earnings expectations have come down already… that probably means there’s less of a chance of negative surprises,” Melissa Brown, Managing Director of Applied Research at Qontigo, told Investing.com’s Yasin Ebrahim on Wednesday.

“The overarching story around the components that make up Metaverse still have a very long-term appeal when it comes to growth and innovation,” said Arun Singhal, global head of product management at Qontigo, in an interview with ETF.com.

The lack of big earnings reports or economic data on Monday likely sharpened investors’ focus on economic fears and interest rates, according to Melissa Brown, Global Head of Applied Research at Qontigo in New York.

“It is not just what they did but what they said, and it certainly does seem like they are still worried about inflation and this is not going to be the end of the rate increases,” said Melissa Brown, Global Head of Applied Research at Qontigo in New York.

BlackRock has launched a new ETF (exchange traded fund), giving European clients targeted exposure to a wide variety of companies active in developing metaverse technologies. The iShares Metaverse UCITS ETF [MTAV] will track the STOXX Global Metaverse Index.