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<Research>G Sachs Upgrades HK Stock Mkt to 'Market-weight', Anticipates Benefit from Weaker USD
Goldman Sachs raised its forecast for Asian stock markets, reflecting a more favorable macro environment and clearer tariff policies. The broker also lifted its 12-month target for...
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<Research>G Sachs Upgrades HK Stock Mkt to 'Market-weight', Anticipates Benefit from Weaker USD
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Goldman Sachs raised its forecast for Asian stock markets, reflecting a more favorable macro environment and clearer tariff policies. The broker also lifted its 12-month target for the MSCI Asia Pacific (excluding Japan) Index by 3% to 700.

Meanwhile, Goldman Sachs upgraded the Hong Kong stock market to market-weight, as it is considered a primary beneficiary of the weaker USD ley by the Fed's easing cycle. The Philippines and Taiwanese stock markets are also expected to benefit from these factors.

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