Friday, 1 April 2016

East Asia stock markets now seen having lacklustre 2016

East Asian stocks will have a choppy ride through the rest of this year, with some markets managing modest gains, but with investors still fretting over China's prospects and how many U.S. interest rate hikes are coming, a Reuters poll showed.

In 2016, global equities had their worst start in many years, as investors dumped stocks around the world after depreciation of China's currency against the dollar in January raised fears its economy was slowing much more sharply than thought.

While those concerns have receded somewhat, equity strategists - whose views have generally been wildly bullish in the past - have now begun to take a more sober outlook.

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