Market Insights Podcast (Episode 346)

Disconnect or Rebound?

Jonny Hart speaks to APAC Senior Market Analyst Jeffrey Halley about news impacting the market and the week ahead.

It’s another blockbuster episode today, and we are covering a LOT of ground. Firstly, the stock markets are rallying impressively despite recession expectations rising. Is this a dead cat bounce? A bear market rally? Or is the worst over? Jeff discusses the reasons behind the stock market rally and what’s happening in Asia, then ponders its sustainability.

Then it’s over to oil markets which have recovered after the sell-off early last week. Jeff takes us through the nuances of oil futures curves and why backwardation matters! We discuss oil’s recovery in the context of the global economy and what lies ahead for black gold. As an add-on, the discussion moves to the G-7 meeting and the commodities space, where base metals have fallen heavily in June.

Then it’s Jeff’s old favourite, Bitcoin. We discuss the crypto space and Bitcoins recovery. Jeff then delves into the Bitcoin chart and what it’s suggesting could happen this week. (hint: for once, Jeff isn’t a mega-bear)

Finally, it’s back to planet earth and the main data points for the week ahead for markets, led by the global PMI releases at the end of the week.

 

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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
Jeffrey Halley

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