27 October 2022
Market View: China’s broad fiscal deficit hits all-time high, Australia’s Q3 inflation numbers, US Fed’s November rate decision expectations
Yesterday we talked about ongoing volatilities within mainland China and in Hong Kong. Today we’re going to continue that conversation, after China’s broad fiscal deficit hit an all-time high in the first nine months of this year. Down under, inflation in Australia rose to 7.3% on-year in the third quarter - so what will it take for the Reserve Bank of Australia to keep prices in check? And with the US Federal Reserve announcing its rate decision, can we expect any pleasant surprises towards the end of the year with speculation of slower interest rate hikes? On Market View, Prime Time’s finance presenter Chua Tian Tian spoke with Mohammed Zaidi, Investment Director and Head of Research at Nikko Asset Management Group to address these questions.

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