China, traditionally one of Asia’s biggest consumers of gold alongside India, appears to be turning its back on the yellow metal, according to Christopher Wood, Global Head of Equity Strategy at Jefferies. In his latest “Greed & Fear” report, Wood outlines the signs of weakening Chinese demand, reflecting a shift […]
greed and fear
In the latest Greed and Fear report, Chris Wood of Jefferies revealed adjustments to the Asia Pacific ex-Japan relative-return portfolio made at the end of the last quarter. These changes in the new Asia Maxima were driven by significant shifts in the neutral weightage. The report noted that India’s weightage […]
Dedicated emerging market (EM) foreign investors, Wood noted, may no longer be ‘overweight’ on India given a combination of sustained outperformance and strong domestic inflows prompting a potential shift in foreign investor sentiment. However, Chris Wood continues to have a positive structural view on India’s domestic demand cycle. Another reason […]