Triển vọng Quý 1 năm 2026: Thị trường chứng khoán châu Á có khả năng tiếp tục đà tăng, việc Cục Dự trữ Liên bang hạ lãi suất trở thành biến số chính

【Coin World】Morningstar recently released its Q1 2026 outlook, which contains several noteworthy details worth paying attention to.

The core judgment is as follows: Asian stock valuations remain reasonable. Although the market may encounter pullbacks, there’s no need to be overly concerned about sustained corrections. Market investment in AI remains the main engine driving tech profits, and AI concept stocks still appear to have attractive valuations.

Looking at the policy level—the Federal Reserve is expected to cut interest rates, which will drive interest rate declines across Asia excluding Japan. The situation in Japan is somewhat different, with gradual rate hikes being more likely. These policy changes will ultimately impact the liquidity environment and asset prices.

Of course, it must be acknowledged that geopolitical factors remain a sword hanging overhead. Markets may experience sporadic fluctuations due to these uncertainties. In other words, there may be ups and downs in the short term, but the overall direction still depends on fundamentals and policy orientation.