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Nasdaq Nerves

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OANDA Senior Market Analyst, Jeffrey Halley ponders the inflation concerns sweeping markets this week and why last Friday’s Non-Farm Payroll reaction was a huge signal about the path of least resistance. We return to the Nasdaq, which looks very vulnerable still with a “tech-tantrum” on the cards. Taiwan’s stock market was crushed today. We look at the reasons and why it is so important for the rest of the world. Finally why tonight’s US CPI data is make or break for the inflationista’s.

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Jeffrey Halley

Jeffrey Halley

Senior Market Analyst, Asia Pacific, from 2016 to August 2022
With more than 30 years of FX experience – from spot/margin trading and NDFs through to currency options and futures – Jeffrey Halley was OANDA’s Senior Market Analyst for Asia Pacific, responsible for providing timely and relevant macro analysis covering a wide range of asset classes. He has previously worked with leading institutions such as Saxo Capital Markets, DynexCorp Currency Portfolio Management, IG, IFX, Fimat Internationale Banque, HSBC and Barclays. A highly sought-after analyst, Jeffrey has appeared on a wide range of global news channels including Bloomberg, BBC, Reuters, CNBC, MSN, Sky TV and Channel News Asia as well as in leading print publications such as The New York Times and The Wall Street Journal, among others. He was born in New Zealand and holds an MBA from the Cass Business School.
Jeffrey Halley

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Jeffrey Halley

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