Jonny Hart speaks to APAC Senior Market Analyst Jeffrey Halley about news impacting the market and the week ahead.
With Jonny returning from a four day holiday to celebrate Her Majesty’s platinum jubilee, it’s time to look at the week ahead for financial markets. First of all, though, we glance back to the market reaction to last Friday’s US Non-Farm Payrolls. Markets are reacting very mechanically at the moment which has been great for intraday volatility, but not so good for thematic investing or trading. Having set the scene for the week ahead we discuss the Asian market’s reaction to Friday’s equity sell-off, with Beijing’s loosening of covid restrictions today taking the edge of that, and in some cases, sharply reversing it. Central banks and oil prices dominate the start of the week aside from Beijing. Oil prices have climbed back above $120.00 a barrel, Jeff ponders that implication. Then it’s onto central bank rate decisions from Australia, India, and the European Central Bank this week. We break down each. Finally, in this blockbuster episode, we take a look at the week’s data high, US Inflation on Friday, and its possible market reactions.
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