During his LIVE interview with CNA earlier this morning, Fullerton Markets’ Chief Strategist, Jimmy Zhu, discussed the latest economic development in the global markets and the economic outlook for the rest of 2021.
Key takeaways include:
👉 It is expected that the Nonfarm Payrolls will not delay the Fed's taper timeline.
👉 US-China trade negotiations is likely to bring the markets some positive news in the next few weeks.
👉 MAS is predicted to tighten monetary policy, via moderation appreciate in SGD, to ease inflation pressure.