OPEC+ announces surprise oil cuts & prices surge

Vishnu Varathan, Head of Economics and Strategy at Mizuho Bank Singapore shared the following insights on regional markets performance as well as talked about:

• OPEC+ surprise oil cuts which were announced yesterday sent oil prices up. Vishnu shared his thoughts on this and expectations for this quarter.
• Tankan survey showed that Japan’s business mood soured to a two-year low as global slowdown bites. Vishnu discusses his take on this data
• Key events, results and data points for the rest of this week that may move markets.

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Presenter: Brian Fernandez