Kelvin shares his insights on regional markets and his views on:
- Stock market performances across the region in the 1st half of the day which is mixed overall for regional markets
According to Kelvin markets are positive on US market highs and stellar earnings from US companies. However, in Asia sentiment is more negative especially influenced by the China Evergrande shares which briefly plunged more than 10 percent, after a US$2.6 billion asset sale fell through.
Kelvin also says inflation risks remain the biggest concern, and the derived US inflation rate in the next 5 years implied from the US Treasuries market surged to a 16 year high. He explains the implications of this.
Guest: Kelvin Wong, Market Strategist at CMC Markets
Presenter: Brian Fernandez
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