MSCI Financial News

Understanding the human capital aspect of corporate assets is increasingly relevant from an investment perspective, according to the report.

Asian shares and bonds extended a global rally on Thursday as a non-committal Federal Reserve Chair had markets double down on bets that U.S. interest rates have peaked and cuts are on the way. Investors are now awaiting the results from Apple later in the day, a bellwether for consumer demand and the tech sector.

By Lawrence White

Asian stocks inched lower on Wednesday ahead of a keenly-awaited policy decision from the Federal Reserve later in the day, while the yen was stuck near one-year lows against the dollar, keeping markets on edge for possible intervention by Tokyo. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.13% lower, starting November in a sombre mood after clocking three straight months of losses.

Bank of Japan's policy decision when it is likely to lift its inflation forecasts and ponder tweaks to its bond yield control. The yen weakened 0.19% to 149.38 per dollar but was not far from the two-week peak of 148.81 it touched on Monday after the Nikkei newspaper reported the BOJ would consider making adjustments to its yield curve control (YCC). The BOJ sets a target of around 0% for the 10-year yield under YCC. Under criticism that its heavy defence of the cap is causing market distortions and an unwelcome yen fall, it raised its de-facto ceiling for the yield to 1.0% from 0.5% in July. On Tuesday, the 10-year JGB yield jumped 6.5 basis points to 0.955%, its highest since May.

By Elizabeth Howcroft

By Naomi Rovnick and Stella Qiu

The Biden administration is meeting with China’s top diplomats this week to try to repair a relationship between the two superpowers that has grown rocky.

Sunil Subramaniam, MD & CEO, Sundaram Mutual, says “we are in for a correction and volatility in the broader market, but it is not because investors are turning risk averse. It is because FIIs are selling largecaps. Mutual funds, in order to buy those largecaps, need to sell mid and smallcaps. It is not necessarily a reversal of risk attitude as much as the opportunity to get good quality, large companies at much reasonable prices. So it is just a reallocation. For a long-term investor, in fact the on-going correction could be a good time to accumulate.” Crude prices have eased off a bit at the start of the week. How do you see this correlation between crude prices and the kind of consolidation that we are seeing on the Nifty play out from here? The spot crude prices may ease up based on local announcements but if you look at the forward crude expectations, they remain in a firm stage both because it is winter setting into the US and in Europe, when the energy heating demand for homes goes up. The Israel-Hamas conflict is adding to the statement by OPEC that there will be at least a three and a half million barrel shortfall for Q4. So in the short term, because of China's slowdown, there may be movement in the spot crude, but otherwise I expect a firm crude trend.

By Tom Westbrook

What went wrong? Chinese funds were seeing a sharp recovery between November 2022 and January 2023 as mentioned earlier. The recovery was triggered as China eventually started to ease covid-related restrictions in November. But, since then, the performance of Chinese funds has been weak.

By Ankur Banerjee

The ETFs track different variants of the MSCI High Dividend Yield Low Carbon SRI Screened Select index series

PTI. "India remains standout overweight. We increase our overweight stance on Indian equities and as our most-preferred emerging market," PTI quoted a brokerage note as saying on Friday.

Morgan Stanley has upgraded India to «standout overweight» citing that the relative economic and earnings growth is improving and the macro-stability setup looks sufficient to withstand the higher real rate environment. «India remains standout overweight. We increase our overweight stance on Indian equities and as our most-preferred emerging market,» the brokerage said in a note on Friday.

Asian shares plumbed a fresh 11-month trough on Friday as fears of a regional conflict in the Middle East intensified and as a relentless rise in long-term U.S. yields pressured valuations, while supply concerns lifted oil prices further. The surge in the 10-year U.S.

investors of IndusInd Bank, as the latest shareholding data suggests that there is a high probability of the bank being included in the MSCI index during the November review. The latest shareholding of IndusInd Bank showed that the foreign shareholding has decreased to 62.61%, thereby meeting the minimum headroom requirement of 15%.

By Ankur Banerjee

By Wayne Cole

By Stephen Culp

Inflows to U.S.-listed emerging market ETFs that invest across developing nations as well as those that target specific countries totaled $228 million in the week ended Oct. 13, compared with losses of $3.1 billion in the previous week, according to data compiled by Bloomberg.