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Podcast - China Evergrande liquidation risk spooked Asian equities and US PCE inflation data on the radar next

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Kelvin Wong Bio Image
By  Kelvin Wong

26 September 2023 at 02:21 UTC

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss the fallout seen in Asian benchmark stock indices triggered by another round of liquid crunch being spiraled into China's property market. This latest round of negative feedback loop has been reinforced by China Evergrande's liquid risk as a key meeting with creditors to discuss its overdue bond payments restructuring plan has been scrapped by the company without clear explanations. Also, US PCE inflation data for August may come in higher than expected due to the steep increases in oil prices seen in the last three months.

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About the Author

Kelvin Wong Bio Image

Kelvin Wong

Senior Market Analyst

Based in Singapore, Kelvin Wong is a well-established senior global macro strategist with over 15 years of experience trading and providing market research on foreign exchange, stock markets, and commodities.

Passionate about connecting the dots in the financial markets and sharing perspectives around trading and investment, Kelvin Wong is an expert in using a unique combination of fundamental and technical analyses, specializing in Elliott Wave and fund flow positioning, to pinpoint key reversal levels in the financial markets.

In addition, over the last ten years, Kelvin has conducted numerous market outlook and trading-related seminars, as well as technical analysis training courses, for thousands of retail traders.