US new rate schedule and US & China latest talk lifted global markets sentiments Global markets last week began with a cautious approach because of the lack lustre Chinese industry output profit figures.
However, markets sentiment was hugely improved when US Federal Open Market Committee kept rate on hold.
Besides, the US & China high level trade talk went well. All these lifted market sentiments.
US Federal Reserve Chief Jerome Powell reportedly gave the markets a new forward rate hike narrative, which was well received. So what's the main gist of its narrative? Our guest, independent economic analyst and strategist, Dr Po Man Chan, will explain.
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