Amundi Asia Pacific Market Monthly Commentary - May 2020
Friday 22 November 2019
Markets were back in ‘risk-on’ mode in October amidst subsiding geopolitical risks. Most notably, the US and China signalled a possible ‘mini-trade deal’, which helped to de-escalate market uncertainty. Equity markets rallied strongly against this backdrop with the MSCI Asia ex Japan Index outperforming the MSCI World Index.