Investors finding their sweet spotFor global investors, the sun has been shining for the last two months. For economic data at the country-specific level, signs are mixed, though some encouraging indicators are being seen. Central banks around the globe have cut interest rates and expanded money supply, while major central banks have restarted their bond-buying programmes. In our view, the rally in global markets is mainly due to liquidity pumped in by global central banks. Most of the fears regarding the global economy in September stemmed from the real possibility that the global trade war would intensify.

Source: Bangkok Post November 22, 2019 23:46 UTC