Earnings Season Another Reason for Asia Traders to Sell

Analysts have reduced earnings estimates for stocks in the MSCI Asia Pacific Index due to various factors like trade tensions and currency fluctuations. Recent reports show many companies in Asia missing profit estimates, while Europe and the US maintain a positive outlook. Currency movements impact EPS, but there are still opportunities in markets like India, Hong Kong, and New Zealand.

What are some reasons analysts have reduced earnings estimates for stocks on the MSCI Asia Pacific Index?

• Trade tensions and rate hikes

• Increased consumer spending

• Strengthening currencies

• Improved global trade relations

Which company recently missed its profit estimates, contributing to the negative outlook in Asia?

• Sony

• Samsung

• Apple

• Huawei

What is one reason for the positive economic outlook in Europe and the US?

• US tax cuts

• Decline in tech stock performance

• Rising inflation rates

• Increase in trade barriers

How do currency movements affect earnings estimates on the MXAP?

• They can cause revisions in earnings estimates

• They only affect European markets

• They can lead to higher earnings

• They have no impact

Which market is expected to perform well according to Morgan Stanley?

• Australian mining firms

• Japanese tech companies

• Chinese manufacturing

• Indian retail banks