Fed Vice Chairman Fischer appeared to leave the door open to proceed with a hike on 17 September. If markets are relatively calm and the US payrolls data not surprisingly weak, then it seems the Fed is ready to take the first step. The Fed messaging of this move has been persistent and not easily […]
Follow this link to my interview on Bloomberg TV this morning discussing Asian currencies
Global equity markets may be cheaper again on Monday morning, and some bounce back this week is likely as the market anticipates more global policy easing, but it is hard to be inspired. It feels like a sell the rally market, not a buy the dip. In fact in the eye of the storm this […]
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