Markets back to risk after one of the most turbulent trading month

After one of the most turbulent October in trading history, global markets seemed to put aside all worries and put on a strong performance yesterday in sync . All major markets rebound with an average gain of 1.35%, ranging from 0.4% gain in ASX200 and 2.16% gain in Nikkei. Technology stocks led the charge after shedding 11% in average just in October, Bargain hunting had a bigger say yesterday, in spite of future uncertainty remained, like unresolved US & China trade war, higher borrowing cost, market volatility, depreciating RMB, and upcoming US mid-term election, to name but few. In other words, market rebound for a day or two sheds no insight to the trend development in the near and medium future. With regards to ASX 200, real estate sector cannot escape the downward pressure from global credit tightening, especially when the Banking Royal Commission is uncovering so many market misbehaviors, so our question is what the likely investment prospect of ASX real estate sector is in the near and medium term. Our guest, Morgan’s Asian Desk Chief, Raymond Chan , will give us a detail analysis of this sector's performance.

Dow Jones rebound for the second consecutive day. Getty Images Source: Getty Images