MEDIA

Jimmy Zhu LIVE On CNA 6 September 2021

Posted by Fullerton Markets on Sep 6, 2021 1:00:00 PM


During his LIVE interview with CNA earlier this morning, Fullerton Markets’ Chief Strategist, Jimmy Zhu, discussed the latest developments in the global economy.

Key takeaways:

👉 US jobs data has limited effect on the taper timeline, even though hiring was at its slowest pace in about 7 months

👉 Duration of the tapering timeline is more important than when the tapering timeline will start, as it will show how gradual the pace of tapering will be

👉 Gold and Bitcoin rebounded, despite US jobs data

👉 PBOC likely to announce more easing through RRR, as China's export numbers show signs of slowing down

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