It is well known that the center of gravity of global economic and financial power is shifting towards Asia, much less how power will be distributed among the aggressive countries located there. Since the beginning of the year, many paradigms seem to have jumped with Japan and its Abenomics intent on putting the spotlight back on itself, a China intent on managing the imbalances of a tumultuous ten-year growth, hitherto hidden in the shadow banking system, and with new protagonists, the so-called "Asiatic gazelles", which well suggest, with their name, the speed with which they are gaining ground.
The performance of the respective stock markets, as photographed by the performance of the ETFs on the most representative indices for each of them, faithfully shows the changeability of the hierarchies in the Asian continent. The big winners of the current scenario are, after Japan, precisely the Asian gazelles, despite the variability of performance. The podium goes to Malaysia with a growth of the Stock Exchange of 7% since the beginning of the year, followed by Indonesia, up +6% over the same period, and Vietnam at +3,1%. The last "gazelle", Thailand, stops at +1,1, even if it reaches 4,2% considering only the 50 largest companies in its list.
The "Brics" instead languish, with price lists, since the beginning of the year, all in red for values ranging from -27,6% in Brazil to -7,9% in India (China at -15,4%, South Africa at - 12,8%, Russia -11,4%).
The revival of the Japanese Stock Exchange continues: despite the marked ups and downs on a daily basis, it has gained approximately 31% since the beginning of the year. Also in the United States the abundant liquidity brings benefits to stock prices, with a +17% gain in 2013. Finally, Europe reflects all its contradictions on the stock markets, with a performance for the entire area of +4,3% for this year, but with diverging trends between the indices of the virtuous countries of the north (positive) and those of the Mediterranean countries (negative).
