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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.

Related NewsCentral Parity of USD/ RMB Drops 16 bps to 7.1491

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