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MORNING BID ASIA-Dollar, Tech and Tariff Delays Fuel Rotation Plays

February 17, 2025, 05.37 AM | Source: Reuters
MORNING BID ASIA-Dollar, Tech and Tariff Delays Fuel Rotation Plays

ILUSTRASI. Asian markets go into the new week on the front foot, supported by the weaker dollar, an ongoing rebound in China, and a wider switch into global assets as investors rotate out of the 'U.S. exceptionalism' trades that served them so well last year.. REUTERS/Issei Kato

GLOBAL MARKET. Asian markets go into the new week on the front foot, supported by the weaker dollar, an ongoing rebound in China, and a wider switch into global assets as investors rotate out of the 'U.S. exceptionalism' trades that served them so well last year.

The main calendar event is fourth-quarter GDP data from Japan. Economists are expecting annualized growth of 1.0%, according to a Reuters poll, slightly less than the revised 1.2% expansion in July-September, with business investment making up for weak consumption.

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