SGX Group Reports Market Statistics For January 2023
<ul> <li>Derivatives activity climbs amid hopes that China’s reopening will catalyse growth</li> <li>Securities turnover outpaces gains in most Southeast Asian markets</li> </ul>
Stay updated with breaking news from Tatistical. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
<ul> <li>Derivatives activity climbs amid hopes that China’s reopening will catalyse growth</li> <li>Securities turnover outpaces gains in most Southeast Asian markets</li> </ul>
<p><span>Hedge funds surged to begin 2023 as risk-on sentiment dominated financial markets and investors positioned for a moderation of inflationary pressures and interest rate increases through mid-2023, despite continued uncertainty over weakening economic growth. The investable </span><a target="_blank" href="https://www.hfr.com/family-indices/hfri-500-hedge-fund-indices">HFRI 500 Fund Weighted Composite Index</a><span> jumped +2.5 percent in January, led by directional Equity Hedge and Event Driven strategies, accord...
<ul> <li>SERIX sentiment on safe-haven asset gold fell to all-time-low of 93 points in January</li> <li>Record high of 173 million securitised derivatives traded on Spectrum in January</li> <li>ECB’s key interest rate increase likely to have been a driver of trading linked to gold</li> </ul>
<p><span>In January, crypto markets reversed their downward trend with Bitcoin and Ethereum rising 39.9% and 32.7% to $23,130 and $1,585, respectively. Market participants have begun to take on more risk as the macroeconomic environment improves with lower inflation and a slowdown of interest rate hikes.</span></p>
<p><span>Saxo, the online trading and investment specialist, has today published its </span><a href="https://www.home.saxo/en-gb/insights/news-and-research/thought-leadership/quarterly-outlook" target="_blank">Q1 2023 Quarterly Outlook</a><span> for global markets, including trading ideas covering equities, FX, currencies, commodities and bonds, as well as a range of central macro themes impacting client portfolios. </span><b>Chief Investment Officer, Steen Jakobsen,</b><span> ar...