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A swift lift of regional markets had instead been the case since the start of 2017. The question lies with how much further can these indices run?
Since the tumultuous start to 2016 where we saw China's stock market dragging down regional indices, Asian markets had made steady recoveries. While growth outlook remains a latent concern, the Trump Presidency had further introduced uncertainties to the equation with regards to trade outlook. The main threats for Asia had been the President’s decision to withdraw from the Trans-Pacific Partnership (TPP) and the slew of actions to be taken against China including declaring the country a currency manipulator. While US markets took off post US elections in November, Asian markets had been slow to follow.