Asia
Foreign investors pulled over USD 10B from Asian equities as rising real yields hit AI-related valuations. Outflows centered on Korea and Taiwan’s chip supply chain, but rotation into India and ASEAN signals profit-taking, not panic, as markets await earnings clarity.
Europe
Europe opens higher then fades as Bund yields reach 2.46% and (INDEX:FTSE) outperforms (INDEX:CAC). Equities learn U.S. shutdown resolution doesn’t alter global liquidity tightening path.
Global Trade
Africa’s agricultural GDP could rise significantly with precision agriculture and agtech adoption, enhancing output and employment; NGSE and ZA:JSE investors may benefit from value-added export growth and technology-driven efficiency gains.
Global Trade
Asian tech stocks (JP:N225, KR:KOSPI) fell sharply amid AI valuation concerns and global risk-off sentiment, pressuring semiconductor exports and influencing institutional portfolio strategies in the region.
Europe
European tech and industrials (NA:ASML, GR:SAP) face valuation contraction as AI and semiconductor demand slows, widening spreads versus SX5P and increasing sectoral risk premia.
Australia
Australian equities rose as US–China trade tension eased, trimming risk premia and lifting banks and energy stocks. The ASX 200 gained ~0.4%, with sentiment stabilising on softer global rates and reduced volatility into early 2026.
Asia
Asian stocks rose as U.S.–China trade tension eased, lifting Japan and North Asia. Cyclicals led while defensives lagged. Oil softness and a stable dollar supported sentiment, though durability now hinges on real orders and export momentum.
Czech Republic
Czech PX gains on bank and energy strength as CZK holds steady; CNB seen nearing end of easing cycle while DXY and Brent steer regional risk tone and equity earnings outlook. (DXY, CL=F)
São Tomé and Príncipe
BGFI Holding plans a regional stock-exchange listing within 18 months, underscoring São Tomé & Príncipe’s financial-sector reform drive amid easing inflation (MSCI FM, BVMAC).
Ethiopia
ECMA raises licensed CMSPs to 11 as ESX expands; GDP USD 115 bn, inflation 13%, debt 50% of GDP. Benchmarks CL=F and XAUUSD steady as Ethiopia targets USD 100 m turnover, ≥15 CMSPs and narrower 5% FX gap to cement market credibility.
Rwanda
Rwanda accelerates SOE listings to deepen BK.RW, CTL.RW, MTNR.RW liquidity as GDP grows 7.8%, CPI eases to 7.3%, and policy rate holds at 6.75%. With market-cap/GDP at 21% and reserves at 5.2 months, Kigali targets regional capital-market scale.
Ghana
The Ghana Stock Exchange traded GH¢58.4m in Week 41, led by GCB (72.6%), MTNGH (24.6%), and CAL (+9.7%), as the GSE-CI held near 3,896 points. A HHI of 2,420 and CR5 of 78.2% show liquidity concentrated but stable—signaling institutional discipline, not retreat.