Market Watch

It has been over a week since the tabling of Budget 2019 and the market has had some time to digest the announcement. We discuss the further fallout from the Budget with Cheryl. We also ask her whether there are wider implications of the Budget that are less obvious. We also discuss the upcoming 3Q GDP announcement, market valuations and the Ringgit. See omnystudio.com/listener for privacy informa...

Vasu Menon, Vice President and Senior Investment Strategist, OCBC Bank Singapore, talks about Brexit, the Dollar’s strength and its impact, along with the trade war, on global equities, including the Ringgit and Bursa Malaysia. He also discusses China and its plans for wider tax cuts. See omnystudio.com/listener for privacy information.

Goldman Sach's shares have been hit and it continued to slide overnight falling precariously above the US$200 level. It ended at US$205.05 overnight - a far cry from its record high of US$270.77 in March eight months ago. Some believe the drop in stock price is due to the 1MDB scandal while others believe Goldman’s stock has been hit due to the broader weaker market. Dodge shares his insight...

Brent Futures continue to fall, even after news of Saudi Arabia mulling a production cut of 1 million barrels a day, starting in December. How will this affect commodity-linked currencies, including the ringgit? Carlos also shares his outlook on the supply and demand for oil, perhaps influenced by Asia's growth projections, and also his expectations for monetary policy across Southeast Asia. See o...

Stephen Innes, Head of Trading in Asia-Pacific, OANDA, Singapore, offers a view on the raft of economic data due out from Asia and China this week in the hope of gauging the impact from the ongoing US-China trade spat. He also discusses Malaysia’s rate direction in terms of how it is managing the economy, with both China and the US its biggest trading partners. See omnystudio.com/listener fo...

The Fed stood pat on US interest rates in its November meeting, as widely expected, with markets now pricing in a 74.4% chance of a rate hike in December. Tim shares his outlook on US monetary policy for 2019, as well as near-term risks out of China and Europe. See omnystudio.com/listener for privacy information.

Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank, Singapore, offers his view on Budget 2019 in terms of fulfilling Malaysia’s long-term fiscal plans. He also discusses the impact to markets of the just-concluded US Mid-term elections while also offering a viewpoint of China’s plans to bolster its economy and markets. See omnystudio.com/listener for privacy information.

Lim considers the impact that the ongoing US mid-term elections may have on emerging-market assets, especially given the selloff for much of 2018. See omnystudio.com/listener for privacy information.

US stocks ended in positive territory on polling day for the November 6 US mid-term elections. Dodge outlines market expectations both pre- and post-elections, as well as key sectors of US equities that are perhaps most sensitive to the election results. See omnystudio.com/listener for privacy information.

We discuss the Budget 2019 impact on the local market. We also talk about the winners and losers in the local bourse from the latest budget announcement. Benny also points out that the Budget 2019 is not stock market friendly.   Listen in. See omnystudio.com/listener for privacy information.

According to China's Politburo, the country's economic situation is changing, downward pressure is increasing, and that requires countermeasures. Mikio explains whether the Chinese government's approach is enough to mitigate the slowdown in the world's second-largest economy. See omnystudio.com/listener for privacy information.

October was a volatile month for global equities with some US$8 trillion in market cap wiped out last month. Over in Singapore, the Straits Times Index declined by 7.3% last month. We talk to Geoff on the factors driving the Singaporean market performance thus far. We also ask him if he sees any potential bright spots today. See omnystudio.com/listener for privacy information.

The month of October this year lived up to its reputation of being a month that is notable for some historic crashes and turmoil in the markets. In the midst of the current ongoing volatility, Dodge believes investors should "take advantage of the volatility" today but cautions investors not to just "buy and hold". We also talk about the recent corporate earnings coming from the US. Dodge shares h...

Joe shares his thoughts following the unveiling of the UK's post-Brexit budget, and how the EU's power dynamics may shift following German Chancellor Angela Merkel's decision to step down by 2021. Joe also comments on news of more US tariffs aimed at China potentially announced by early December. See omnystudio.com/listener for privacy information.

Some data out this week might show evidence that the trade war is hurting some economies with one of them being China. There is market expectation that China's purchasing managers data out this Thursday might report the first drop in manufacturing activity since April 2017. We get Carlos' take on this and the yuan that has been under pressure. We also talk about China's slowing GDP where its Q3 GD...

US stocks rallied overnight, rebounding from what commentators are calling “Wild Wednesday”. The Nasdaq was up 3%, following earnings reports from the likes of Microsoft, Twitter and Alphabet. Vasu Menon, Vice President and Senior Investment Strategist with OCBC Bank Singapore shares his insights into the reasons behind the volatility and the selloff in Asian equities. See omnystudio.c...

Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank, Singapore, discusses whether the Jamal Khashoggi incident has become a determining factor in a turbulent oil market as well. He then comments on yesterday's market rout in the NASDAQ, S&P and Dow in the context of fund flows to safer assets like US T-Bills and the Japanese Yen. He also discussed interventionist measures by China's...

Overnight, the European Union rejected Italy’s 2019 draft budget and Italy has three weeks to submit a revised budget. We speak to Dodge on the recent developments in the EU and how he expects it to impact markets - have investors priced in this geopolitical risk? Given the continued uncertainty clouding markets with what's happening in the EU and the ongoing US-China trade war, should inves...

Joe Quinlan, Chief Market Strategist with the US Trust-Bank of America Private Wealth Management out of New York, shares his thoughts on the base case for markets as to who will take control of Congress, ahead of the November mid-term elections. See omnystudio.com/listener for privacy information.

Kingsley Jones, Founder and Chief Investment Officer, Jevons Global discusses the possibility of markets recovering in the immediate term, after having suffered through a sustained bout of selling in the last few weeks. He also talks about the upcoming US corporate earnings season and Q3 GDP, the latter of which consensus estimates of 3.3% suggests will be considerably weaker than the Q2 print of...

Geoff Howie, Market Strategist at the Singapore Exchange, discussed the recent volatility in Asian shares while also deep-diving Singapore's market performance and in particular its Shariah index stocks. See omnystudio.com/listener for privacy information.

A couple of US earnings overnight revealed a number of corporations beating estimates and these include big names such as Netflix, Morgan Stanley and Goldman Sachs. We discuss this latest earnings report with Dodge. He says that so far, 80% of companies have beaten estimates and shares the reasons fuelling the positive momentum. We also discuss the ongoing volatility in the tech sector. See omnyst...

US markets added to losses overnight, as Chinese stocks hit their lowest point in 4 years. Will there be a sustained convergence, or will divergence remain the theme for global stocks? Joe also comments on the impact of US-Saudi tensions on oil markets, and whether global investors should price in political risk for the US and Europe. See omnystudio.com/listener for privacy information.

Stephen Innes, Head of Trading in Asia Pacific for OANDA, Singapore, analyses a US-China trade dispute that has sent global markets tumbling. He also discusses how investors are positioning themselves in a market rout that has gained momentum in October, which has historically been the month of several crashes in decades past. Specifically, he discusses market outlooks for the US dollar and Chines...

With global stocks recently seeing their biggest selloff since February, we ask Mikio what's driving the decline in equities. Mikio also comments on President Trump's recent comments on the Fed, and the IMF's outlook on the global economy. See omnystudio.com/listener for privacy information.