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China's official manufacturing purchasing managers index rose to 50.8 from 49.1 in February, the best reading since March last year which also beat analysts’ forecast of 50.1. We ask Song Seng Wun, Economic Advisor, CGS International Securities for what these numbers means for the economy and who could be the beneficiaries. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
The S&P 500 has been on a bull run, but there's growing speculation that equity gains may be reaching a plateau. We ask Tony Nash of Complete Intelligence on the data indicators to watch, as well as the trends affecting commodities, cryptocurrencies and the Japanese asset market. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Asset prices all around the world are moving up at the same time - from stocks to gold to Bitcoin. What factors are driving the appreciation, and how sustainable is it going to be? We discuss the trends with Vishnu Varathan of Mizuho Bank. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
The Malaysian construction sector ended 2023 on a high, with total construction work value reaching RM132 billion ringgit, the highest in 4 years. Can this momentum be sustained in 2024? We discuss the outlook for the sector with Chong Tjen-san of CGS International Securities. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Last week saw the US Federal Reserve maintaining interest rates but signalling at least 3 reductions are imminent. Meanwhile, the Bank of Japan has finally ended an era of negative interest rates. Luca Santos, a currency analyst at ACY Securities helps us understand the impact these decisions have had on the USD and JPY and what the future may hold for their values going forward. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
The US Fed’s preferred gauge of underlying inflation, the PCE Indicator, is due to be released this week. How might the latest data affect the projections for interest rate cuts in the coming months? We discuss this and other market trends with Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management. See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
What explains the increase in copper and silver despite China's muted manufacturing sector? Kingsley Jones of Jevons Global explains the factors driving commodity prices, and weighs in on Apple's outlook in light of legal challenges. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
The Singapore Straits Times Index has been increasing gradually in the last few days and might even tip into positive territory on a year to date basis. We check in with Geoff Howie, Market Strategist at SGX for an update and might the economy surprise on the upside? Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Many market observers are of the view that the goldilocks moment has been achieved by the Federal Reserve with their twin mandates intact without causing a recession. Tim Mulholland, President, TJM Limited, Chicago tell us his perspective whilst weighing in on the recent rally in markets, gold and even bitcoin. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
The Fed kept rates on hold as expected yesterday at between 5.25 to 5.5%. We ask Michele Schneider, Chief Strategist at Market Gauge for her perspectives on what this means for the economy and markets as it appears that the central bank is on track for three rate cuts in 2024. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Recent data points point to a recovery in the Chinese economy with the equity markets taking note as the Shanghai Composite Index is up 3% on a year to date basis. Jack Kouzi, Director for Strategy at VFS Group tells us where are the opportunities in the market whilst weighing in on the potential headwinds. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
With the inflation print higher than expected in the US, will the Federal Reserve actually raise rates this year as opposed to market expectations of three rate cuts. Laurent Lequeue, Independent Market Analyst, Writer at The Macro Butler Newsletter gives us his perspective whilst telling us where to park our money if its risk off mode. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
The Vietnamese equity market is up 12% on a year to date basis. The country has in place the right ingredients for an economic boom like the +1 strategy and a growing middle class but what is a good investment strategy for a frontier market like this? Andrew San, Head of ASEAN Equities, Amundi Malaysia gives us that answer whilst also explaining why the FBMKLCI is another outperforming market. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
This week is a busy one for central banks but attention is focused on Japan and US as both are likely to take opposite positions in their monetary policies. Clifford Bennett, Independent Economist gives us his perspective and what this means for global economies. Image Credit: Shuttterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
US has started to become expensive, trading at 21x PE, so is there still value to be found? Brian Arcese, Portfolio Manager & Equity Analyst, Foord Asset Management gives us his perspective whilst taking a closer look at the Hong Kong and China markets. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
The FBMKLCI has defied expectations to rise 6% on a year to date basis but does this rally still have legs? And does the recently concluded result season gives us clues to this. Chehan Perera, Head of Research and Strategist at CGS international gives us the answers whilst telling us what his buy ideas are for Malaysia. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
We appear to be living in strange times as almost all asset classes are up in tandem. We ask Tony Nash, CEO of Complete Intelligence to explain this conundrum and how to invest in these confusing times. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
February's CPI print of 3.2% was higher than expected, yet US markets hit new highs. We ask Song Seng Wun, Economic Advisor at CGS International Securities in Singapore to explain this conundrum whilst asking him if he is a bear or bull on Chinese equities post their Two Session meetings. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
The market is beginning to expect the Bank of Japan to finally raise rates after decades of ultra low rates. We ask Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management his expectations and what that means for the Japanese equity markets whilst also discussing why the Euro is strong when the European economy is not. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
The banking system is seen as a barometer of the economy. What then does the recent corporate results and banking statistics from the central bank tell us? Chan Jit Hoong of Hong Leong Investment Bank gives us his perspective and also his top picks for the sector. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
The recent market rally in the S&P500 and Nasdaq is driven by a handful of stocks. Should we be concerned about the concentration risk? Kingsley Jones, Chief Investment Officer of Jevons Global tells us whilst we ask if there are other investment opportunities to consider like Australia. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Nasdaq and S&P500 hit new record highs again but those gains are not broad based. In fact among the Magnificent 7, Apple and Tesla have been laggard with negative price performance on a year to date basis. We ask Tim Mulholland, President of TJM Limited, Chicago if it's time to bottom fish. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Jerome Powell had told lawmakers that the Fed is in no rush to cut rates until they have won their battle against inflation. What does this mean for the the pace and quantum of Fed Fund rate cuts? Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank tells us his perspective and what a Trump Presidency might mean for the world economy. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
At the National People's Congress, China’s government set a GDP target of five percent for 2024. We ask Jack Kouzi, Director for Strategy, VFS Group if this figure is achievable and if this will satisfy investors as market appear to be unconvinced. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Singapore also recently concluded their 4th quarter result season. However, investors appear unimpressed as the Singapore Straits Times Index is down 4% on a year to date basis. What then is the best strategy to adopt to pick the winners and what are the headwinds it will face in 2024? Adrian Loh, Head Of Research at UOB Kay Hian Singapore tells us his views. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
As China's annual Two Sessions meetings take place this week, are there any signals that could revive foreign investor confidence in Chinese equities? We discuss this and other market trends with Joe Quinlan, Chief Market Strategist with the US Trust-BOA Private Wealth Management. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
With the pandemic over, the fight for the tourist dollar is intensifying in this region with Malaysia, Singapore and Thailand offering visa free travel for Chinese and Indian tourists. Singapore has even upped the ante by offering incentives to Taylor Swift to hold her shows only in the city state. Yin Shao Yang, Associate Director at Maybank Investment Bank analyses how the aviation and gaming sectors might perform this year. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
The S&P and the Nasdaq powered to record highs on Friday - why is upward momentum on U.S equities so strong despite slowing consumer sentiment and confidence in the economy? Markets analyst Tina Teng weighs in on what's influencing the US markets rally, and other regional trends to watch. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
On a year to date basis, the FBMKLCI Is up more than 6%, one of the better performing markets in Asia. We ask Imran Yusof, Head of Research, MIDF as to the reasons for this and also his views of the recently concluded corporate result season. We also ask him for his top buy calls for Malaysia in 2024. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
Markets rallied on the back of inflation data that was in line with expectations but will that exuberance last? Shane Oliver, Chief Economist, AMP Capital tells us his views whilst weighing on the Australian economy and its correlation with China. Image Credit: Shutterstock.com See omnystudio.com/listener https://omnystudio.com/listener for privacy information.
