Markets are nervous over uncertainty on multiple fronts – Asian Midday Marketwatch

Markets performance today.

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

• Evergrande’s US$83 million interest due yesterday for a dollar-denominated bond that’s set to mature in March 2022. The company will not technically default unless it fails to make that payment within 30 days.
• What’s happening in the oil and gas markets. And why there are rumblings of US$100 per barrel oil in 2022.
• Risk-on sentiment weighs on the dollar, which dropped sharply overnight against a basket of its peers, falling from near a one month high to a week low.
• The key risks to Asian equities right now, because the risks of the pandemic seem to be brushed aside.

Guest: Jeffrey Halley, Senior Market Analyst Asia Pacific, OANDA

Presenter: Brian Fernandez

for daily news on Asian markets, check out more Asian Midday Marketwatch here.