Jonny Hart speaks to APAC Senior Market Analyst Jeffrey Halley about news impacting the market and the week ahead.
In today’s episode, Asian markets were sprung a Shanghai Surprise (Not the Madonna movie) as Chinese authorities announced a rolling lockdown of the commercial heart of China to manage its omicron outbreak. We look at the impact on Asian markets today, notably equities and oil, as well as discuss China’s “Covid-zero” policy. From there we move onto oil markets before looking at the action in currency markets, where USD/JPY has risen by 100 points. We look at the Bank of Japan’s actions today, the impact of higher US interest rates, and where USD/JPY and USD/Asia will go because of it. Interspersed is a look at the week ahead, and wouldn’t you know it, it’s China PMIs and US Non-Farm Payrolls already!
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