Danish Lim, Phillip Nova
Danish Lim, Phillip Nova
3 April 2024
Money in the Market: Is China’s market rout finally over?
Chinese stocks started the week on a positive note, after new data reinforced investor’s hopes that the world’s number two economy is finally recovering. And investors are turning more optimistic. So does this mean China’s market rout is finally over? Should we go all in on China? On Money in the Market, Hongbin Jeong speaks to Danish Lim, Market Analyst, Phillip Nova, to find out more.
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Listen To His Previous Podcasts:
20 March 2024
Money in the Market: How should you allocate your assets in anticipation of further delays in interest rate cuts?
Questions on when the US Fed will cut its benchmark interest rate for the first time this year are rising. But Fed Chair Jerome Powell and policymakers are expected to play it safe when they meet this week, keeping their rate unchanged for a fifth straight time. That’s as they still need further evidence that inflation is returning to their 2% target. On Money in the Market, Hongbin Jeong speaks to Danish Lim, Investment Analyst, Phillip Nova to find out more on what to expect in the interest rate decision later tonight.
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7 February 2024
Money in the Market: Will February be a rocky month for stock markets?
In January, stock markets usually see a seasonal boost due to the so-called “January Effect”. And indeed, January this year was great for stock markets, will Wall Street indexes reaching all-time highs. But for February, it’s not as bright as the previous month. In fact, February is known to be historically one of the rockiest times of the year for markets. So will history repeat itself? On Money in the Market, Hongbin Jeong speaks to Danish Lim, Market Analyst, Phillip Nova, to find out what’s in store for February.
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10 January 2024
Money in the Market: Should you be buying China stocks now?
Investors betting on a revival in Chinese stocks this year are seeing their resolve tested. Chinese stocks recorded their worst opening week of trading in 21 years. The CSI 300 Index tumbled 3 per cent last week. Meanwhile, Hong Kong stocks also tumbled, compounding the local market’s worst start to a year since 2005. So with Chinese stocks relatively cheap, is now the time to invest in the market? What can we expect from the performance of Chinese stocks for the rest of the year? On Money in the Market, Hongbin Jeong speaks to Danish Lim, Investment Analyst at Phillip Nova, to find out more.
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13 December 2023
Money in the Market: How will the Federal Reserve December 2023 meeting impact US equity markets?
The Federal Reserve's final meeting of the year, which could signify a shift in policy makers' approach to inflation during the last two years. What might happen at the FOMC meeting in terms of interest rate decisions? What effect might this have on the equity markets? On Money in the Market, Willie Keng speaks to Danish Lim, Investment Analyst at Phillip Nova, about the Fed's recent advancements.
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18 October 2023
Money in the Market: Will the current earnings season bring about a soaring stock market?
The predictions for an end to the earnings recession have passed their first test. Several S&P 500 companies have already reported their earnings, and companies in the index are beating Wall Street's expectations. Headline earnings from big banks were also better than expected.
But will the optimism continue? Which companies' results are investors currently eyeing?
On Money in the Market, Hongbin Jeong speaks to Danish Lim, Market Analyst, Phillip Nova, to find out more about the latest in the earnings season.
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4 October 2023
Money in the Market: Will markets take a nosedive this month with the October Effect in play?
October is one of the scariest months for the stock market. The October effect is the perception that stock markets decline during this month.
So seeing how this week has kicked off, will we see another month of losses?
Or will markets U-turn and surprise investors to the upside?
On Money in the Market, Hongbin Jeong speaks to Danish Lim, Market Analyst, Phillip Nova, to find out what spooky things are in store this month.
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23 August 2023
Money in the Market: What's driving the market volatility in US equities?
Asian equities traded mixed today as Wall Street’s risk-on mood faded a day after the rally in big tech.
Mainland Chinese stocks returned under pressure despite fresh signs of an earnings recovery among the country’s tech giants.
The selling in mainland China came even as internet giant Baidu released financial results that showed its revenue rose the most in more than a year.
The company reported a larger-than-projected jump in sales for the June quarter as its net income rose 43%.
On Money in the Market, Emaad Akhtar speaks to Danish Lim, Market Analyst, Philip Nova, to make sense of these market movements.
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28 June 2023
Money in the Market: What does the future hold for US and Chinese equities?
In its midyear outlook, HSBC Asset Management said the U.S. will enter a downturn in the fourth quarter, followed by a “year of contraction and a European recession in 2024.”
These recessionary fears, coupled with geopolitical uncertainties, haven't been music to the ears of US equities, which posted their worst week since March last week. So can we expect US equities to rebound?
Asian markets as well have been jittery. China’s CSI 300 Index, which tracks the 300 most valuable stocks on the Shanghai and Shenzhen exchanges, has dropped nearly 9.3 per cent from a January high. Will Chinese stocks stage a recovery in the second half of 2023?
On Money in the Market, Emaad Akhtar speaks to Danish Lim, Market Analyst, Phillip Nova,to find out more.
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31 May 2023
Money in the Market: How are equities, bond and commodities markets faring in the wake of a tentative US debt ceiling deal?
The performance of US equities has been mixed following the announcement of a tentative deal on the longstanding US debt ceiling impasse.
The bond market also has much to contend with. The Treasury will need to replenish its coffers by selling more debt and the passing of the deal puts focus back on the Federal Reserve’s fight to tame inflation.
Meanwhile, gold futures and spot price rose while oil prices have slumped.
Hongbin Jeong speaks to Danish Lim, Market Analyst, Phillip Nova, to find out more about the latest developments in equities, bond and commodities markets.
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