Tech gets hammered, but where are investors putting their money to work? -Asian Midday Marketwatch

Jeff shares his views on regional markets performances and key issues namely:

• The tech sector was hit hard overnight. Jeff talks about which sectors are investors rotating into.
• The Reserve Bank of Australia announces its decision to leave interest rates unchanged.
• Ratings agencies have downgraded Chinese developers Fantasia Holdings and Sinic Holdings over risks from their strained cash flow situations.
• Fantasia Holdings did not repay a bond that matured on Monday. The real estate sector in China accounts for as much as 15% of the China’s GDP. Jeff gives insights on what the risks are.
• The key things investors are watching out for this week, particularly the Non-Farm payroll numbers due out in the US this Friday.

Guest: Jeffrey Halley, Senior Market Analyst APAC, OANDA

Presenter: Brian Fernandez

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