![](https://wp-static.smartkarma.com/../assets/uploaded/2023/06/DailyBriefUtilitiesTokyoStockExchangeTokyoPriceIndexTopixandmore.png)
In today’s briefing:
- Japan Remains Leadership; Actionable Pullback in Europe; Downgrading China/Hong Kong
Japan Remains Leadership; Actionable Pullback in Europe; Downgrading China/Hong Kong
- There continues to be little traction above $93 on the MSCI ACWI (ACWI-US), which remains the top-end of our anticipated 2023 trading range.
- At the same time, we cannot get too bearish until there is a break below $90.50 short-term support.
- EURO STOXX 50 pulling back to 4100-4200 buy area. TOPIX holding above 2120 support. Buy ideas within Technology, Construction Materials, gold miners, Utilities, other defensives.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars