Jonny Hart speaks to APAC Senior Market Analyst Jeffrey Halley about news impacting the market and the week ahead.
It has been a Bonfire of Vanities in Asia today as equities tumble and the crypto meltdown continues. We start the podcast off with a recap of Friday’s torrid session post the US inflation data. We look at equities and cryptos as well as what has happened over the weekend and today in that space. Then it’s over to an old bugbear of mine, asset price inflation. With central banks in tightening mode, the playbook of the last 20 years just doesn’t cut it this time. Then it’s into the week ahead and we start with the Bank of Japan on Friday post-FOMC. We chat about the outlook for USD/JPY and “what if” the BOJ tinkers with policy this Friday. Then it’s over to the FOMC mid-week, surely the highlight for this week. A 50bps point hike, but what about those inflation numbers? Surely one of the most closely watched meetings in recent memory. As if that wasn’t enough, the Bank of England and Swiss National Bank also have policy decisions on Thursday. We discuss that and UK inflation. Finally, it’s time to circle back to the crypto space, is its time of reckoning upon us?
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