Market Insights Podcast – UK and Japan inflation looms with China Q4 GDP, industrial production, retail sales.

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week’s key economic data and events; a mixed-bag start of the week among major Asian stock markets; Japan’s Nikkei 225 continued its bullish tone (+0.91% Monday, 15 January) after it hit a 34-year high last week and cleared above the 35,000 psychological level. In contrast, China and Hong Kong benchmark stock indices ended Monday, 15 January with losses; CSI 300 (-0.10%), and Hang Seng Index (-0.17%) as China’s central bank, PBoC disappointed market participants by leaving one of its key benchmark interest rate, the 1-year MLF rate unchanged at 2.50% and negative newsflow out from a leading China Big Tech; Baidu’s AI chat platform was alleged to have collaborated with the Chinese military, stoking fears of more geopolitical tension between US and China.

Also, a preview of UK and Japan inflation trends for December as well as key China data (Q4 GDP, industrial production & retail sales).

 

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.

Kelvin Wong

Kelvin Wong

Senior Market Analyst, OANDA at OANDA
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.