Jan 25, 2021 7:00:00 AM | LGT Navigator
LGT Navigator: Hopes of further expansion of fiscal and monetary policy support market sentiment
At the start of the week, investor sentiment on the Asian stock markets appears cautiously optimistic, supported by expectations of further fiscal policy stimulus from the new US administration and a continued supportive central bank policy. In this regard, the Fed's interest rate decision in midweek is eagerly awaited. On Wall Street, the end of the week was marred by price losses in tech giants, and in Europe, the latest purchasing managers survey values and the corona situation caused lower valuations.