Jimmy Zhu LIVE On CNA 08 November 2021

Posted by Fullerton Markets on Nov 8, 2021 1:00:00 PM

Jimmy Zhu, Fullerton Markets’ Chief Strategist, went LIVE on CNA this morning to share his take on some recent key market developments, such as:

👉 Due to the recent economy data, especially the jobs data, the market is now confident, with no urgency to tighten the monetary policy.

👉 While the first move for bond tapering has started, more concrete information is needed for the rate hike.

👉 All eyes are on Singles' Day shopping event on whether it will support the growth of China's economy.

👉 Many factors contribute to the rebound in Chinese stocks but no major shift is expected.



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