Global liquidity is slowing at its fastest rate since the Global Financial Crisis, according to global research group CrossBorder Capital, as central banks engage in a "twin-tightening" of simultaneously hiking rates and shrinking their balance sheets.
According to CrossBorder Capital, global liquidity has fallen $4trn to $124.1trn since January 2018, with around 80% of central banks running tighter monetary policies. The firm also warned central...
Japanese stocks have more than doubled their returns since December 2012, on the back of Abenomics, but many investors are still not convinced of the sustainability of the rally.
Shares up 15% on Friday