The performance of all major asset classes around the world has picked up since November, with the Hang Seng Index particularly outstanding, with the Hang Seng Index closing up 22.87% as of November 17, and the Hang Seng Technology Index is up more than 30% for the month.
In addition, the Shanghai Composite Index has also risen 7.67 per cent this month, while the FTSE China A has risen nearly 10 per cent in 50 months, and Greater China assets have led the rise in major asset classes around the world this month.
On the other hand, overall and core inflation growth in the US in October was lower than market expectations, leading to lower inflation expectations and interest rate hikes in the market, and led to a recent weakening of the dollar index, down 4.41 per cent during the month.
Energy, which has performed very well so far this year, also fell slightly, with oil distribution falling 2.08% in the month, while agricultural futures CBOT wheat also fell 8.14% during the month after multiple parties confirmed that the Black Sea grain agreement had been extended for 120 days.