Bloomberg JPMorgan Chase & Co. strategist Marko Kolanovic reiterated that he sees downside risk for the stock market in the first quarter, with the bank reducing its recommended equity allocation once again due to fears of a recession and central bank overtightening. The bank strengthened its underweight call for equities broadly and in the euro area specifically, given the ...

  Bloomberg Chinese equities will outperform global peers in the first half of this year, according to Carrhae Capital LLP, which is betting on the nation’s reopening after its emerging-market hedge fund beat peers last year. “We have entered the year with a very bullish stance on China and on the margin we have been taking profits,” Ali Akay, Carrhae ...

  Bloomberg US equity-index futures posted modest gains as investors remained on the edge over the direction of monetary policy and corporate earnings. The yen slid against the dollar after the Bank of Japan kept monetary settings unchanged. Contracts on the S&P 500 and Nasdaq 100 indexes were 0.2% higher each after a choppy session in New York amid diverging ...